IDBI Federal Insurance Co. Ltd. Is a joint venture of one of India’s leading development and commercial bank, IDBI Bank, leading private bank, Federal Bank and one of the leading multinational insurance companies based out of Europe, Ageas! One of the fastest growing companies in the insurance industry, IDBI Federal Life showed exemplary growth since its launch in 2008 and achieved break even in only 5 years of its operations. As of today, their pan India presence and synergy between different operations are striving hard to provide the customers complete insurance and wealth management services. A diversified portfolio of products is being serviced by a dedicated team of employees to bring best solutions to customer’s financial needs.
The investment plans offered by the company are designed to offer insurance coverage along with investment opportunities to enhance your earnings. With multiple fund options to invest, bonuses and adequate death benefits, these plans offer complete financial solutions for those, who want something more than just plain insurance cover.
|Min-Max Entry Age||30 days-70 years|
|Min-Max Maturity Age||18 years-75 years|
|Policy Term||5, 10, 15, 20 and 25 years|
|Premium Payment Term||Single Premium|
|Premium||Min: Rs. 25,000 | Max: No limit|
|Min Sum Assured||For age at entry below 45 years: 1.25 times the single premium | for age at entry of 45 years and above: 1.10 times the single premium|
|Max Sum Assured||For age at maturity up to 48 years: 10 times single premium | For age at maturity greater than 48 years: Age at entry less than 45: 1.25 times single premium; Age at entry of 45 years and above: 1.10 times the single premium|
The policyholder can avail this benefit only if disability occurs within 180 days of the accident or sickness
Equity Growth Fund
Aggressive Asset Allocator Fund
Moderate Asset Allocator Fund
Conscious Asset Allocator Fund
The policy offers the freedom to switch between funds without charges for maximum enhancement of investments as well redirect future premium payments
Death Sum Assured, or
Fund value, or
105% of the total premiums paid till the date of death
Here, the death sum assured is higher of:
10 times the annualized premium, or
0.5 X policy term X annualized premium
|Entry Age||5 years||60 years|
|Maturity Age||18 years|
|Premium Payment Term||Single Premium||74 years|
|Premium||Monthly: Rs. 2500; Yearly: Rs. 30,000||Monthly:Premium Payment Term:
5, 10 years: Rs. 83,000 p.m.
15, 20 years: Rs. 50,000 p.m.
Yearly: Premium Payment Term:
5, 10 years: Rs. 10 lakhs p.a.
|15, 20 years: Rs. 6 lakhs p.a. 5, 10 years: Rs. 10 lakhs p.a.|
Premium Payment Term : Age below 50 years: 5/10/15/20 years | Age 50 years and above: 10/15/20 years
Policy Term : 10,15,20 years
Premium Payment Frequency: Yearly or monthly