Trade view, Oasis Complex, On surrender, the higher of the Guaranteed Surrender Value and the Special Surrender Value will be paid. 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. Withdrawn Date. Insurance is the subject matter of the solicitation. Copyright 2021 IDBI Federal Life Insurance. It is one of the fastest growing life insurance companies and offers a diverse range of wealth management, protection and retirement solutions to … IDBI Federal Incomesurance Guaranteed Money Back Insurance - Key Features. 21/08/2014. In the case of Monthly mode payment, the grace period is allowed for 15 days. IDBI FEDERAL Lifesurance Savings Insurance … Given below are some of the features of IDBI Federal life Insurance Plan SP. IDBI Federal - Wealthsurance Milestone Plan - Bond Fund: Get the Latest NAV Value, Performance and Returns of IDBI Federal - Wealthsurance Milestone Plan - Bond Fund. 135, 19th Dec, 07. 5 foods that should be a part of your daily diet. Endowment Policies Offered by IDBI Federal Life Insurance: Following are the endowment plans that have been offered by IDBI Federal:. IDBI Federal - Wealthsurance Milestone Plan - Pure Fund: Get the Latest NAV Value, Performance and Returns of IDBI Federal - Wealthsurance Milestone Plan - Pure Fund. If the policyholder wants to surrender his/her life insurance policy or make a partial withdrawal from the policy fund, the following procedures need to be followed: Surrender Policy: Reason(s) for policy surrender and the surrender form needs to be submitted at the nearest IDBI Federal Life Insurance branch, along with the following documents: Partial Withdrawal: Reason(s) for the partial withdrawal and the pay-out form needs to be submitted at the nearest IDBI Federal Life Insurance branch along with the following documents: For any changes in the policy or surrender or partial withdrawal, the customer needs to contact the below address: IDBI Federal Life Insurance Co Ltd, IDBI Federal Lifesurance Whole Life Savings Insurance Plan. When it comes to investment-oriented plans, the company offers different types of policies including savings plans, ULIPs, child plans, retirement plans, etc. Corporate Identity Number (CIN) – U66010MH2007PLC167164. ₹. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Surrender Value is not guaranteed. The surrender value payable is either Special Surrender Value or Guaranteed Surrender Value, whichever is higher. IRDAI Registration No. Insurance is the subject matter of the solicitation. Lower Parel ( West). Tax Benefits are as per the Income Tax Act, 1961, and are subject to changes made … 3,900/ Month. 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. for 1+3, enter 4. 135, 19th Dec, 07. Insurance is the subject matter of the solicitation. IDBI Federal Incomesurance is a Guaranteed Money Back Insurance Plan which provides long-term benefits like death cover, dual tax benefits, loan up to 85% of Guaranteed Surrender Value etc. You want a loan against your policy – Loan facility is available in this plan upto 85% of the Surrender Value. Product Overview. As traditional money back plan it provides a limited premium payment term of 5 years. will call you shortly. 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.. Call: 1800-209-0502 or 1800-3070-012 Email ID: support@idbifederal.com. However, borrowing in the initial years of the policy is not suggested as a you would acquire low surrender value. The Compliance Officer of the Company is designated as the Chief Grievance Redressal Officer. I am willing to take high risk of loss because I know they come with the opportunity of high returns as well. It is a Traditional Plan with Bonus facility. Customer Service : Address: IDBI Federal Life Insurance Co Ltd First Floor, Trade view, Oasis Complex, Kamala City, P. B. Marg, Lower Parel (West), Mumbai - 400 013, Maharashtra. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Register/Login; Life-Insurance IDBI Federal Life IDBI Federal Lifesurance Whole Life Savings Insurance Plan. IDBI Federal Incomesurance Guaranteed Money Back Insurance - Benefits Reducing Cover - Under this, the death benefit for the member ceases with time. 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. IDBI Federal Lifesurance Savings Insurance Plan is a fixed-term participating Endowment Plan. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Status. As one of India's growing life insurance companies, IDBI Federal Life Insurance offers a diverse range of wealth management, protection and retirement solutions to individual and corporate customers. Surrender Value: Not guaranteed: Customer Service : Address: IDBI Federal Life Insurance Co Ltd First Floor, Tradeview, Oasis Complex, Kamala City, P. B. Marg, Lower Parel (West), Mumbai - 400 013, Maharashtra. Guaranteed Annual Payouts depend on the age of the policyholder. The Surrender value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) GSV = % of Premiums + % … What is the criteria for policy surrender? UIN. Product Info. Level Cover - … Surrender Value: Allowed under single premium policy. Get ₹. Lapse: If the Policyholder doesn’t pay the premium within the grace period, then the Policy will be a lapse. There is Special Surrender Value in this plan as well. Launch Date. IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Details will be given in policy document. Solve this simple math problem and enter the result. 1. Email ID: support@idbifederal.com. Tax Benefits are as per the Income Tax Act, 1961, and are subject to changes made thereto from time to time. Surrender Value: In the case of Single Premium option, the surrender value equals 60% x Single Premium paid x (Outstanding coverage term in months/Total coverage term in months). Insurance Calculators. will call you shortly. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Childsuarance Savings Protection Insurance Plan: This is a non-linked participating endowment plan that ensures that your child’s future financial needs are fulfilled. 135N035V01. Loans against life insurance policies can be availed to the extent of 80%-90 % of the surrender value. IRDAI Registration No. Surrender is a facility given to the policy holder to cancel the policy after completion of the lock-in period, completion of premium payment term or any other lock-in period prescribed by the product guidelines. All you need to do is input some basic details such as your name, mobile number, plan name, policy term, number of premium instalments paid, premium payment mode, instalment premium and number of years completed by the policy. Corporate Identity Number (CIN) – U66010MH2007PLC167164. By clicking on the “SUBMIT” button, I accept the Terms & Conditions and authorise OneInsure representatives to contact me via Call / SMS / Email. 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