Corporate Identity Number (CIN) – U66010MH2007PLC167164. These are cheapest form of life insurance plans which are designed to provide full protection & financial stability to your family. IDBI Federal Termsurance Protection Plan is a Term Plan. 06 Registration Code No. **Discount is offered by the Insurance company as approved by IRDAI for the product under File & Use guidelines #On the basis of your profile, CIN: U74999HR2014PTC053454 Policybazaar Insurance Brokers Private Limited (formerly known as Policybazaar Insurance Web Aggregator Private Limited) Policybazaar is currently registered as a Web aggregator by IRDAI. We are always at your service and you can reach us at email support@idbifederal.com or call us Toll free at 1800 209 0502 to know more click here. It is a joint venture between IDBI Bank, Federal Bank and Ageas. 135, 19th Dec, 07. Q: What is the policy renewal process for IDBI Federal Life term insurance plans? Fill the suitable claims form and submit the medical bills and reports and other documents as requested by the company to the nearest branch. IDBI Federal term plan is considered to be some of the best term insurance plans in India. Personal > Investment > Investment Advisory > Life Insurance: Life Insurance Plans-IDBI Bank Life Insurance. The IDBI Termsurance Life Protection Plan is a non-linked, non-participating pure term insurance plan that gives the policyholder options of choosing the insurance cover as per their needs. We Would love to interact with you, Aditya Birla Sun Life Term Insurance Plans, Max Life Insurance launches Covid-19 Rider, ICICI Prudential Life Insurance Policy Status. You can fill the e-Policy Conversion Form and submit it to your nearest IDBI Federal branch. With age, your responsibilities and liabilities also keep changing. How To Ensure That Your Tax Saving Investment Does Much More Than Save Tax, Make Your Online Term Plan Your Family’s Monthly Pay Cheque. 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 Bank on Thursday said that it has completed sale transaction of its 23% stake in IDBI Federal Life Insurance Company Limited (IFLI) to Ageas Insurance International JV for a … You can also visit the nearest IDBI Federal branch or contact the nearest IDBI Bank or Federal Bank branch to forward the grievance to IDBI Federal. Q: How to pay premium? Every call happens on recorded lines to ensure unbiased advice & No misselling. The minimum policy term can be 10 years and maximum can be 25 years. The process is simple. Using this application our customers can get their policy related information on their fingertips. Check IDBI Federal Life Insurance Claim Settlement Ratio trend for last 6 years. Q: How can I check policy status for IDBI Federal Life term insurance plans? Lump sum benefit to take care of the immediate expenses. *The information provided on this website/page is only for information sake. Official Mobile Application from “IDBI Federal Life Insurance Company Limited”. You will not get a better price anywhere else. In view of the prevailing Covid-19 situation and the latest advisory issued by the Government Agencies, we are operating with limited branch offices . Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. https://www.bankbazaar.com/insurance/idbi-federal-life-insurance.html IDBI Bank has completed the sale of its 23% stake to Ageas on the last date of 2020 for Rs 507 crore. IRDAI Registration No. A low cost protection plan that targets the rural market. Tax benefits # u/s 80C & 10 (10D) Plan overview. 105% of Total Premiums Paid as on date of death. IFL 1533051) and Registered office at P.B. Flexibility to choose policy term and premium payment term. Call: 1800-209-0502 or 1800-3070-012 Email ID: support@idbifederal.com. Lump sum benefit to take care of immediate expenses. This application is developed to service needs of our esteemed customers. IDBI Federal Life Insurance is a joint venture of IDBI Bank, one of the fastest growing and premier commercial and development bank of India, as well as Federal Bank, one of the most sought after private banks in the country as well as Ageas, which is a multinational insurance company in Europe. All Rights Reserved. IDBI Federal Life Insurance is a reputed name in the Insurance sector. Ans: As an existing IDBI customer, you can convert all your paper policies into e-Policy to conveniently pay online premiums for renewals. A comprehensive term insurance plan that provides you with 3 options namely level cover, increasing cover and level cover with return of premium. There are 8 types IDBI Federal term plans that provide you financial stability. IDBI Federal Term Plans iSurance Online Term Plan: iSurance online term plan pays out a lump sum amount to the beneficiary on the account of death of the policyholder. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. Federal Bank is a Corporate Agent of IDBI Federal Life insurance Company Limited having its registration number (Regn. The product information for comparison displayed on this website is of the insurers with whom our company has an agreement. No.103, Federal Towers, Aluva, Ernakulam, Kerala -683101. E.g. In case you aren’t happy with your purchase, you can cancel your policy from MyAccount hassle-free at the click of a button. 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 Life Insurance. What are the modes of payment available? There are 8 types IDBI Federal term plans that provide you financial stability. IDBI Federal Life Insurance. Payment through IDBI & Federal Bank Branch, Enter your policy number and date of Birth. Q: What is the policy cancellation process for IDBI Federal Life term insurance plans? Follow, like, tweet or post. iSurance Flexi Term Plan. is a mortgage reducing term assurance plan - MRTA, which provides insurance cover equal to the outstanding balance of your home loan. Term Deposit Calculator: Easy Access: Retail Loan Stmt. Eligibility. 10, 15 or 20 years. The company commenced its operations in 2008. For your convenience, you can choose the most suitable option of premium payment i.e. A term insurance plan that is designed to offer people over the age of 50, a whole life cover with guaranteed acceptance. It not only allows you to customize your plan as per your needs, it also comes with a host of benefits like flexible premium payment terms, choice of policy term and lots more flexible options. It offers various convenient and affordable life insurance products like term plans, ULIPs, savings plans, and retirement solutions. Increasing monthly income for your family in your absence, Lump sum benefit to take care of immediate expenses. Household budgeting in the Post Demonetisation era. Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001, IRDAI Web aggregator Registration No. On death of the insured person, provided the policy is in force and all due premiums have been paid in full; the beneficiary would be paid the Death Benefit as illustrated below: Death Benefit will be subject to higher of: The total of Lump Sum Benefit and Increasing Monthly Income Benefit shall not be less than highest of: Tax benefits# on premiums paid and benefits received: You may be eligible for tax benefits (u/s 80C) for the premiums paid, and (u/s 10 10D) for the benefits received under the policy as per prevailing tax laws. https://www.bankbazaar.com/insurance/idbi-federal-term-plan.html … These are cheapest form of life insurance plans which are designed to provide full protection & financial stability to your family. IDBI Federal term insurance plans help you plan for financial protection for your family in case of an unfortunate event. Policybazaar is regulated by IRDAI and will always act in the policyholder’s interest. Increasing Monthly Income Benefit to help manage the regular expenses of your family, in your absence. Please consult your own tax consultant to know the tax benefits available to you. 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%. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Corporate Identity Number (CIN) – U66010MH2007PLC167164. #Tax Benefits are as per the Income Tax Act, 1961 and are subject to changes in the tax laws from time to time. Solve this simple math problem and enter the result. How it works – In this plan, premium can be paid in 3, 5 or 10 years in annual mode. About IDBI Federal Life Insurance Co. IDBI Federal life insurance Company is a composition of three major players which are IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of the India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe. A term plan which helps you secure your family’s financial future in your absence. Product information is authentic and solely based on the information received from the Insurer© Copyright 2008-2021 policybazaar.com. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Company Limited to Ageas and Federal Bank Mumbai, December 31, 2020: On August 6, 2020, IDBI Bank had announced execution of an agreement to sell up to 27% stake in its joint venture insurance arm, IDBI Federal Life Insurance Company Limited (IFLI), to the other JV partners Ageas Insurance International NV and The Federal Bank Limited. 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