IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 6 Pay and Policy
IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 6 Pay and Policy -
A money back-plan that will help you achieve your goals with assurance of guaranteed income.
- Guaranteed Annual Payouts irrespective of market conditions
- Enhanced protection offered by Critical Illness Benefit
- Pay premium for 6 years and get life cover for 13 years
Pay only for the first six years of the policy
You only need to pay premiums for the short and defined duration of six years.
Enjoy guaranteed annual returns from the 8th to the 13th year of the policy
Get Guaranteed Annual Payouts (GAP) from the end of the policy year up to the end of 13th policy year, as a percentage of your annualised premium.
Protect your family with a life cover of 13 years
Financially secure your family with a life insurance cover of 13 years, provided the policy is in force.
Secure yourself with Critical Illness Benefit - IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 6 Pay and Policy
Get financial refuge against a pre-defined critical illnesses. The benefits include a lump sum amount to help in treatment and other expenses; subject to completion of survival period of 30 days from the diagnoses of critical illness.Further premiums are waived off and the life cover continues till the end of the policy term
Get tax benefits - IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 6 Pay and Policy
Enjoy tax benefits under Section 80C of the Income Tax Act, 1961, and under Section 10(10D) of the Income Tax Act, 1961.
Survival benefit - IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 6 Pay and Policy
Get regular annual returns from the end of the 8th policy year up to the 13thand final policy year.
Death benefit - IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 6 Pay and Policy
In the unfortunate scenario of death of the life insured at any time during the policy term of 13 years, the beneficiary would receive death sum assured, which would be the highest of Guaranteed Sum Assured on maturity (Maturity Sum Assured)*, 10 times of annualised premium (excluding extra underwriting premium), 105% of all premiums paid (excluding extra underwriting premiums), basic sum assured (An absolute amount of 10 times premium, including extra underwriting premiums). Survival Benefit or Critical Illness Benefit if already paid will not be deducted from the Death Benefit.
Critical Illness Benefit - IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 6 Pay and Policy
If the life insured is diagnosed with a critical illness from a list of pre-defined critical illnesses, a lump sum amount is paid out to help with the treatment expenses. Further, the life cover continues till the end of the policy term, and no further premiums are required to be paid. No further GAPs will be paid upon payment of this benefit.
Eligibility - IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 6 Pay and Policy
IDBI Federal Savings Life Insurance Plans and Policy |
|
| IDBI Federal Child Plans |
|---|
| IDBI Federal Childsurance Saving Protection |
| IDBI Federal Wealthsurance Fuuture Star |
| IDBI Federal ULIP Plans |
|---|
| IDBI Federal Childsurance Saving |
| IDBI Federal Wealthsurance Growth |
| IDBI Federal Wealthsurance Future Star |
| IDBI Federal Wealthsurance Growth Insurance Plan SP |
| IDBI Federal Retirement Plans |
|---|
| IDBI Federal Wealth Gain |
| IDBI Federal Lifesurance Savings |
| IDBI Federal Wealthsurance Growth |
| IDBI Federal Wealthsurance Growth Insurance Plan SP |