31% Year-on-Year Growth
FinTech BizNews Service
Mumbai, June 10, 2025: Ageas Federal Life Insurance, one of India's leading private life insurers, has announced its highest-ever total bonus of INR 176.32 crore during the annual valuations for the fiscal year 2024-25. This significant milestone marks the 11th consecutive year of bonus declarations by the company, reflecting a notable 31% increase compared to the previous fiscal year’s total bonus of INR 134.44 crore. Out of this total bonus 176.32 crore, INR 53.43 crore will be distributed to eligible policyholders in the form of cash bonuses and maturity bonuses, with the remaining amount to be paid out upon policy maturity, surrender, or early death in FY 2025-26.
The bonuses consist of Reversionary, Cash, and Terminal Bonuses, offered across a broad range of both traditional and modern participating plans.
The Cash Bonus under the popular super cash plan has been enhanced by 0.10% across all Premium Payment Terms for the financial year 2024–25. This enhancement is designed to provide customers with improved liquidity during the policy term. Additionally, attractive terminal bonuses continue to be declared for select plans, further enhancing long-term value delivered to policyholders.
Mr. Gaurav Seth, Chief Financial Officer, Ageas Federal Life Insurance, stated, “Our record bonus declaration for FY 2024-25 reflects the trust and loyalty of our policyholders. Through prudent fund management and a disciplined investment approach, we aim to consistently deliver strong returns and help our customers achieve lasting financial security. These bonuses are our way of thanking our customers for staying invested with us.”
Ageas Federal Life Insurance has enhanced both the Reversionary Bonus (RB) and Cash Bonus (CB) across its entire range of participating products for the financial year 2024–25. These revised bonus rates reflect their continued commitment to delivering long-term value to their policyholders. Reversionary Bonuses declared range up to 10% of Sum Assured, while Cash Bonuses go up to 1.90% of Sum Assured, depending on the product and policy term. These bonuses are applicable to all active participating policies as of March 31, 2025. Policies that are currently in a lapsed or paid-up status may also qualify for the declared bonuses, subject to reinstatement in accordance with the applicable terms and conditions.
Through consistent bonus declarations, the company reinforces its commitment to supporting customers’ long-term financial growth and security.
