Both the … A sample of the revised document has been uploaded on this page.". IDBI Federal Life Insurance Guaranteed Wealth It is a non-linked, non-participating life insurance plan that offers guaranteed returns on your investment. Similarly, IDBI Federal Life Insurance launched a non-linked, non-participating life insurance Guaranteed Income Plan to provide a combination of protection and guaranteed returns. The Company has appointed the Branch Heads of the respective branches of the Company as the “Grievance Officer” for their respective offices. Choose between 4 Equity, 2 Debt and 2 Balanced investment fund offerings that allow you to invest your money, switch between funds any number of times free of charge as per your risk-return appetite. Copyright 2021 IDBI Federal Life Insurance. Tax Benefits are as per the Income Tax Act, 1961, and are subject to changes made thereto from time to time. Guaranteed Sum Assured on Maturity (Maturity Sum Assured). You stay in complete control of your investments with the flexibility to align them as per your needs and priorities; and also re-align them if and when you wish to do so. Guaranteed plan benefits to be paid out irrespective of market volatility. All Rights Reserved. IDBI Federal Life Insurance is a life insurance company in India that offers a wide range of protection, retirement, and capital management solutions to individual and corporate customers.. 135, 19th Dec, 07. IRDAI Registration No. Choice of two options i.e. Guaranteed Wealth Plan by IDBI Federal Life Insurance is a long-term life insurance plan. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Maturity benefit is equal to the fund value including total guaranteed loyalty additions in your investment account on the date of maturity provided the policy is in force. Lumpsum Benefit or Regular Income Benefit available with this plan. Guaranteed benefits can be availed under the IDBI Federal Life Insurance Guaranteed Wealth Plan irrespective of the volatility present in the market. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. The plan offers you guaranteed benefit irrespective of market conditions. 105% of total Premiums paid as on the date of death. The Compliance Officer of the Company is designated as the Chief Grievance Redressal Officer. On death of the insured person, provided the policy is in force and all premiums have been paid in full, the beneficiary would be paid the Death Benefit. Fund Value or 105% of the Total Premiums received up to the date of death. Whether you want to protect your loved ones or save for your long term goals, we have a solution for you from IDBI Federal Life Insurance Co Ltd. Wealthsurance Growth Insurance Plan SP Guaranteed Lifetime Income Plan Insurance is the subject matter of the solicitation. Household budgeting in the Post Demonetisation era. The Compliance Officer of the Company is designated as the Chief Grievance Redressal Officer. Guaranteed Wealth Plan. IDBI Federal - Wealthinsurance - Guaranteed Return Fund 20001219: Get the Latest NAV Value, Performance and Returns of IDBI Federal - Wealthinsurance - Guaranteed Return Fund 20001219. Pay premium for 10 years and receive secured income for next 10 years, Secure your family financially with a life cover for 20 years, Enhanced protection in case of disablement. IDBI Federal Life Insurance has launched a non-linked, non-participating life insurance plan titled IDBI Federal Life Insurance Guaranteed Income Plan. On payment of Death Benefit, the policy will terminate and all rights, benefits and interests under the policy will stand extinguished. IDBI Federal Wealth insurance Suvidha Growth Insurance - Policy Details . We are showing some of the features of this plan below. Any absolute amount assured to be paid on death which is Basic Sum assured. The minimum entry age for this plan is 11 years and maximum is 43 years. IDBI Federal Guaranteed Wealth Plan is a long-term life insurance plan that provides life cover for 14 years, where the policyholder needs to pay only for the initial 7 years of the plan. PPT. The bank's shareholding in the insurance joint venture now stands at 25% from 48%. Invest in a Child Plan for a bright, fearless tomorrow, Revealed! It not only offers flexible short, medium, and long-term income options but also helps people meet different financial needs at various milestones of life." You have a choice of eight investment fund offerings that allow you to invest your money, switch between funds any number of times free of charge as per your risk-return appetite. IDBI Federal Life Insurance Wealth Gain Insurance Plan IN THIS PLAN, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER A unit-linked insurance plan that gives your life cover and helps build wealth over the long term. In November, Aviva India started offering Aviva New Wealth Builder Plan and IDBI Federal Life Insurance came up with the Young Star Plus Plan. The plan ensures that the loved ones of the insured are financially secure and safe at all points in life. How To Get Protection, Growth And Tax Saving From One Investment. The plan comes with a component of savings element assuring you of guaranteed returns on your investment. IDBI Federal Life Insurance has recently launched IDBI Federal Life Insurance Guaranteed Wealth Plan, that offers guaranteed payouts for seven consecutive years … The Company has appointed the Branch Heads of the respective branches of the Company as the “Grievance Officer” for their respective offices. Life Insurance 5 things to consider before purchasing life insurance. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Guaranteed Return Plans - Guaranteed Wealth Plan - IDBI Federal Guaranteed pay out for 7 consecutive years or Lump sum amount at maturity, Pay only for the first 7 years of the policy. 135, 19th Dec, 07. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. IDBI federal Lifesurance Whole Life Savings Insurance Plan – A traditional whole of life plan which covers the individual till 100 years of age and also provides saving facilities. Similarly, IDBI Federal Life Insurance launched a non-linked, non-participating life insurance Guaranteed Income Plan to provide a combination of protection and guaranteed returns. Here’s An Investment That Secures Your Family And Also Beats Inflation, Get your kids interested in Health and Fitness from a young age, Invest in a Child Plan for a bright, fearless tomorrow, "On account of change in Health Regulations by IRDAI, some clauses of your Policy Document have been updated to make them more relaxed from policyholder's perspective. The company offers two child plans, one is a traditional child insurance plan while the other is a unit linked plan to enhance maximum return on investments. IDBI Federal Life Insurance Wealth Gain Insurance Plan. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance Co Ltd (IFLI) has risen to 49 per cent, the upper foreign direct investment limit prescribed by the law. IDBI Federal Life Insurance Guaranteed Income Plan(UIN: 135N050V03) is a non-linked, non-participating insurance plan and no benefits other than those indicated in the brochure are payable. Choose to receive your benefits as a lump sum or as regular income basis. IDBI Federal Life Insurance POS Guaranteed Plan: Make one-time payment and get a life cover and lump sum payment after 7 years. This ULIP plan also provides life insurance coverage that ensures financial protection for your loved ones, in case of any eventuality. Insurance is the subject matter of the solicitation. 135, 19th Dec, 07. IDBI Federal Life Insurance. Once the maturity benefit is paid out, the plan terminates. Guaranteed pay out for 7 consecutive years or Lump sum amount at maturity; Pay only for the first 7 years … Tax Benefits are as per the Income Tax Act, 1961, and are subject to changes made thereto from time to time. IDBI Federal Child Plans . 135, 19th Dec, 07. Insurance is the … Grace Period: The insured can clear all dues within the grace period of 30 days provided by the insurer to the policy owner.If, the insurance holder fails to pay the premium within the given time then the policy discontinues. E.g. IDBI Federal Life Insurance, which was formerly known as IDBI Fortis Life Insurance, is a joint venture between three companies - IDBI Bank, Federal Bank and Ageas, a European insurance company. for 1+3, enter 4. MUMBAI, MAY 05, 2020 (GPN): IDBI Federal Life Insurance, one of India’s leading private life insurance companies, today announced the launch of its IDBI Federal Life Insurance Guaranteed Wealth Plan, a non-linked, non-participating life insurance plan, that offers guaranteed payouts for seven consecutive years or a lumpsum amount at maturity. Get rewarded for staying invested in the long term with guaranteed loyalty additions at the end of the 10th policy year and every 5 years thereafter. IRDAI Registration No. Get tax benefits on premiums you pay under Section 80C of Income Tax Act, 1961. Plan * Product * PT. Plan includes a life insurance cover of 14 years, assuring that your family’s future will be financially secure under all circumstances. "IDBI Federal Life Insurance Guaranteed Income Plan aptly fulfils this diverse financial requirement, allowing the individual to be truly #FutureFearless," Raman added. Kolkata: IDBI Federal Life Insurance Company has now been rebranded as Ageas Federal Life Insurance Company with Ageas Insurance International raising its stake to 49% in it from 26%. Insurance is the subject matter of the solicitation. Enjoy Lumpsum Benefit or Regular Income Benefit with this plan. All Rights Reserved. IDBI Federal Life Insurance Company has two child plans to its customers. IDBI Federal Wealth insurance growth insurance plan is a ULIP Product which aims to build a sizeable fund with market participation and also with guaranteed additions for a secured future.. IDBI Federal wealth insurance growth insurance - Key Features . E.g. Copyright 2021 IDBI Federal Life Insurance. Don't rely on luck, Guarantee your future. It can be purchased directly from the official website of IDBI. The company was formed in 2008 with IDBI bank holding 48% equity and Ageas and Federal Bank holding 26% each. While one plan is a traditional child insurance plan, the other one is a unit linked plan providing good return through market participation. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Corporate Identity Number (CIN) – U66010MH2007PLC167164. This is 1% of the average fund value in your investment account, in the last 36 months preceding the guaranteed loyalty addition date. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. It is a unit linked plan with regular and limited premium paying option. If you want to choose a unit-linked insurance plan that can give you both life cover as well as wealth over the long term, Wealth Gain Insurance Plan from IDBI Federal Life Insurance can be suitable for you. On death of the Life assured, nominee gets life cover or prevailing fund value as a lump sum payout, whichever is higher. Mode ... - In case the customer has existing policies or simultaneous applications for Life/ Health/ Critical illness/ Disability Insurance from IDBI Federal and we also need additional requirements based on customer declarations … IRDAI Registration No. Key Features. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. IRDAI Registration No. IDBI Federal Life Insurance Guaranteed Income Plan offers customers an end-to-end digital process for ease of purchase, as well as quick issuance of the policy. Only pay premiums for the short and defined duration of the first 7 years of the policy. For ages below 50 years : 5 / 10 / 15/ 20 years, For age 50 years and above : 10 / 15/ 20 years. Household budgeting in the Post Demonetisation era. ... Blog resources related to Wealth Gain Insurance. Enjoy guaranteed benefits irrespective of market conditions. IDBI Bank has completed the sale of its 23% stake to Ageas on the last date of 2020 for Rs 507 crore. In case of death of insured person during the policy term provided the policy is in force, the Death Benefit will be paid to the beneficiary. Under the plan, there is a flexibility to choose the payout option- lump … Death Benefit payable shall be higher of. IDBI Life’s new policy, the Guaranteed Wealth Plan, is a non-par endowment plan. The IDBI Federal Life Insurance Guaranteed Wealth Plan offer life cover for a span of 14 years. The plans are discussed below - IDBI federal Childsurance Savings Protection Insurance Plan The Company is a joint venture of IDBI Bank, India’s premier industrial development bank, Federal Bank, a major Indian commercial bank and Ageas, a multinational insurance giant based out of Europe. Enjoy tax benefits under Section 80C of the Income Tax Act, 1961, and under Section 10(10D) of the Income Tax Act, 1961. The IDBI FederalWealth Gain Insurance Plan (UIN: 135L047V03) is a unit-linked insurance plan. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Solve this simple math problem and enter the result. for 1+3, enter 4. Both the plans have features to provide extensive coverage and maximum financial support to help the child achieve his dreams, even in … IDBI Federal Wealthsurance Growth Insurance Plan SP is a unit linked insurance plan whereby investing premium only once, you can accumulate your wealth. IDBI Bank: LIC-controlled IDBI Bank said it has sold 23 per cent stake in life insurance venture to foreign partner Ageas for Rs 507 crore. Mutual Funds News in Hindi: IDBI Federal Life Insurance Guaranteed Wealth Plan हुआ लांच इस Policy में Market या Interest Rate के कटौती बढ़ोतरी का असर नहीं होता Pay only for the first 7 years of the policy. The features and benefits of the plan are as follows: Premiums under the plan are payable for a limited tenure only Pay premium for 10 years and receive secured income for next 10 years, Secure your family financially with a life cover for 20 years, Enhanced protection in case of disablement. Solve this simple math problem and enter the result. Get life cover to protect your family for 14 years. Grievance Redressal Officer in the market IDBI FederalWealth Gain Insurance plan 43 years defined duration of the policy non-par plan! Chief Grievance Redressal Officer the Company has two child plans to its customers formed in 2008 with IDBI Bank 26... 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