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is a
wealth plan which allows customers to build and manage wealth. Customer can
save into the plan as much money as they want, whether at regular intervals or as
per their convenience. Wealthsurance
, these
benefits allow them to meet additional expenses without affecting their fund value
so that their plans to save and accumulate wealth are not affected even if life
throws surprises at them.
Wealthsurance
is for those who will live. Usually life insurance products provide
benefits upon death, but Wealthsurance
Maxigain InsurancePlan
This plan maximizes the gains and the same time are shielded from potential
losses. The plan provides a unique investment fund called the MaxiNAV
Guaranteed Fund which offers the guarantee of the highest NAV achieved
on the reset dates during the 7 years tracking period from the date of launch
of the fund on the policy maturity date. This special feature can provide
customers with benefit from market increases and protects them from market
declines.
Wealthsurance
Plan (Homesurance
covers life for an amount equal to home loan liability as per the
home loan schedule. In case of an unfortunate event of expiry of the insured, the
outstanding balance amount is paid to the nominees in one lump sum, who may
then settle the loan liability.
B. Cover for Terminal Illness
A unique feature of the Homesurance
base plan.
The Optional Insurance Benefit is available only with the regular premium plan.
Additional premiums should be paid for the term of the optional insurance benefit
depending upon the sum insured chosen.
Incomesurance:
IDBI Federal Incomesurance Endowment and Money back Plan is a plan which is
designed for the customers to reach their goals with confidence. The main features
of this plan are:
Premiums paid for a limited period
Guaranteed annual payout
Minimum annual payout declared at the beginning
Additional annual payout is declared each time the premium is paid.
Additional annual payout is linked with G- sec interest rates
Customers can take periodic payments or accumulate till maturity
Lump sum cover or waiver of premium
Tax benefits under Sec 80C and Sec 10(10D)
IDBI Federal Incomesurance Endowment and Money Back Plan
(Incomesurance) not only gives unmatched transparency and flexibility but
there are lots of other features which are inbuilt in the product like convenient
premium payment options, Tax benefits and double advantage of Endowment and
Money Back plan.
Advantage of Endowment and Money Back
Tax Benefits
Premiums waived in case of death
Convenient premium payment options
Complete transparency
Termsurance:
Teramsurance protection plan of IDBI federal offers unique increasing cover
option that can automatically increase the cover every year without increasing the
premium.
Termsurance