Bangalore, 9th October 2026: Ageas Federal Life Insurance (AFLI), one of India’s leading private life insurers, today announced the launch of Aurum Advantage Plan, the first multi-currency life insurance plan offered by a life insurer in GIFT City. Customers can invest in US Dollars, Euros or Pounds while receiving life insurance protection.
The launch marks AFLI’s commencement of operations at Gujarat International Finance Tec-City (GIFT City), India’s first International Financial Services Centre (IFSC), and expands the company’s offerings for internationally mobile customers.
Aurum Advantage Plan is a Unit Linked Insurance Plan (ULIP) that offers access to multiple asset classes, including international equities, fixed income and gold, enabling diversification across geographies and investment categories.
The plan offers multiple premium payment options and fund strategies. It also provides a partial withdrawal facility with no lock-in period, along with maturity benefits, loyalty additions and death benefits, subject to applicable terms and conditions.
Aurum Advantage Plan is available to customers of any nationality, irrespective of residential status, including NRIs, OCIs and PIOs, subject to applicable terms and conditions. The minimum ticket size is USD 3,000, EUR 3,000 or GBP 3,000, depending on the currency selected.
Commenting on the launch, Mr. Jude Gomes, Managing Director & CEO, Ageas Federal Life Insurance, said, “Customers with international financial interests are increasingly seeking solutions that allow them to invest across currencies and markets. Aurum Advantage Plan addresses this need by combining multi-currency investment options with life insurance protection. Our entry into GIFT City gives us a strong platform to serve customers across international markets with solutions designed for their evolving financial needs.”
Through its GIFT City operations, Ageas Federal Life Insurance will cater to customers across key international markets, including the Middle East, North America, Europe, the UK, Singapore and Australia.
The company also plans to add term insurance and pension products to its GIFT City portfolio in the near future. To know more about Aurum Advantage, please visit (Aurum Website Link).
About Ageas Federal Life Insurance
Ageas Federal Life Insurance, one of India’s leading private life insurers, offers a diverse range of wealth management, protection, and retirement solutions to individual and corporate customers. Ageas Federal Life Insurance Co. Ltd. is a joint venture of Ageas, a multinational insurance group headquartered in Europe, and Federal Bank, one of India’s leading private sector banks.
Having commenced operations in 2008, Ageas Federal achieved breakeven within five years. Through a nationwide network of 3,800+ branches including partner bank branches and a sizeable advisor network, the Company has established a strong pan-India presence. As of March 31, 2026, the Company issued over 17.75 lakh policies with a sum assured of over ₹71,694 crore, total assets under management of over ₹20,035 crore, and a robust capital base of over ₹800 crore.
