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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.”

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