IRDAI Registration No. There is Special Surrender Value in this plan as well. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. 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. All Rights Reserved. Insurance is the subject matter of the solicitation. IRDAI Registration No. Solve this simple math problem and enter the result. Surrender value However is non guaranteed. 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. IDBI Federal Termsurance – Increasing Cover- The Life Cover increases by 10% of the initial Sum Assured every year without any further medical underwriting. The below illustration is for a 35 year old healthy man opting for Rs 1,00,000 Sum Assured for Premium Paying Tenure (PPT) of 5, 10 and 15 years and Payout Period of 10 years . Active. 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. a) Surrender request can be accepted for policies that have the status of Inforce, Paid up, Policy Discontinuance or Cover Continuance. A OneInsure representative Lower Parel ( West). Guaranteed Annual Payouts depend on the age of the policyholder. ₹. 1. Product Info. Copyright 2021 IDBI Federal Life Insurance. IDBI Federal - Wealthsurance Milestone Plan - Bond Fund: Get the Latest NAV Value, Performance and Returns of IDBI Federal - Wealthsurance Milestone Plan - Bond Fund. 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. The Compliance Officer of the Company is designated as the Chief Grievance Redressal Officer. It is a Traditional Plan with Bonus facility. 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. 135, 19th Dec, 07. The Company has appointed the Branch Heads of the respective branches of the Company as the “Grievance Officer” for their respective offices. Instead, you take the cash surrender value. For Limited Premium Payment = 75% x {(Policy term less policy duration in complete years) / Policy term} x Total premiums paid. 3,900/ Month. Hence, surrender value of your policy is used to calculate the loan amount you would be eligible for. Mon to Sat 9.30 am to 6.30pm . Corporate Identity Number (CIN) – U66010MH2007PLC167164. IDBI Federal Loansurance Group Life Insurance Plan and Policy - In India, many reputed financial lenders offer a range of solutions that are efficient and valuable in nature. Insurance is the subject matter of the solicitation. 135, 19th Dec, 07. IDBI Federal - Wealthsurance Milestone Plan - Pure Fund: Get the Latest NAV Value, Performance and Returns of IDBI Federal - Wealthsurance Milestone Plan - Pure Fund. for 1+3, enter 4. I am ok with moderate returns on my savings and do not want to expose my savings to any risk of loss. IDBI Federal - Wealthinsurance - Guaranteed Return Fund 20001219: Get the Latest NAV Value, Performance and Returns of IDBI Federal - Wealthinsurance - Guaranteed Return Fund 20001219. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. 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. 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 surrender value payable is either Special Surrender Value or Guaranteed Surrender Value, whichever is higher. 135, 19th Dec, 07. Mumbai 400 013. Insurance Calculators. It is one of the fastest growing life insurance companies and offers a diverse range of wealth management, protection and retirement solutions to … The company offers a diverse range of life insurance policies to meet the coverage requirements of its customers. will call you shortly. Kamala City, P. B. Marg, It is possible to surrender the IDBI Termsurance Life Protection Plan. Withdrawn Date. The policy tenure is 10 years and the annual payouts are paid at the end of every year from the 6th to the 10th policy year. The IDBI Federal Life Insurance will allow the grace period of 30 days for premium payment from the due date for yearly, half yearly and Quarterly, etc. CLICK HERE 1800 209 0502 ( Customer Service ) Toggle navigation. Email ID: support@idbifederal.com. Get ₹. : 022-66700001), Insurance is a subject matter of solicitation, The information you share on this site could be shared with insurers, IRDA Direct Broker License: IRDA/DB 407/08 | Code: 386 | Valid till : 13/11/2023 |, Canceled cheque with the policyholder's name on it, In case the canceled cheque does not have pre-printed name, account number, or a new account is mentioned on the cheque, then the passbook copy / bank statement having pre-printed name and account number is required, ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voters ID), NRE bank statement reflecting any premiums paid from the NRE account, Copy of CI or YPD submitted for the withdrawal request (carry original documents for verification in the branch), In case the canceled cheque does not have pre-printed name and account number or a new account is mentioned on the cheque, then passbook copy/bank statement having pre-printed name and account number is required, ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voters ID). If you have surrendered your current policy and are planning to buy a new plan, then Click here. Trade view, Oasis Complex, The Surrender value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) GSV = % of Premiums + % … will call you shortly. Insurance is the subject matter of the solicitation. IDBI Federal Incomesurance Guaranteed Money Back Insurance - Benefits You want a loan against your policy – Loan facility is available in this plan upto 85% of the Surrender Value. IRDAI Registration No. On surrender, the higher of the Guaranteed Surrender Value and the Special Surrender Value will be paid. 50 Lakhs IDBI Federal Lifesurance Whole Life Savings Insurance Plan. A OneInsure representative Call: 1800-209-0502 or 1800-3070-012 Email ID: support@idbifederal.com. 135, 19th Dec, 07. on retirment by saving 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). This is a unit linked scheme which provides 9 fund options to choose from, ensuring that each individual can customise the plan to suit his/her needs. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Under the regular premium option, the policyholder is entitled to receive surrender value, if the premiums have been paid for three policy terms. IDBI Federal Termsurance – Level Cover with Return of Premium - The life cover is uniform throughout the policy term but the premiums paid towards this plan is returned as Maturity Benefit when the policy matures. Corporate Identity Number (CIN) – U66010MH2007PLC167164. BUY ONLINE; … LIC Calculator; Call us: 86559 86559. It is a Traditional Plan with Bonus facility. UIN. Reducing Cover - Under this, the death benefit for the member ceases with time. Loans against life insurance policies can be availed to the extent of 80%-90 % of the surrender value. 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. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. IDBI FEDERAL Lifesurance Savings Insurance … IDBI Federal - Wealthinsurance - Market Linked Fund - Midcap Fund: Get the Latest NAV Value, Performance and Returns of IDBI Federal - Wealthinsurance - Market Linked Fund - Midcap Fund. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Details will be given in policy document. I am willing to take high risk of loss because I know they come with the opportunity of high returns as well. Types of Life Cover Under Loansurance Group Insurance Plan SP, two types of life plans are offered. I prefer plans that give returns more than traditional safe investment options, even if there are some risks of loss. Mumbai 400 013, Call: 1800-209-0502 or 1800-3070-012 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, Sample illustration of premium of IDBI Federal Incomesurance Endowment & Money Back Plan. IRDAI Registration No. Level Cover - … If the nominee is a minor, an adult should be appointed to hold the benefit until the nominee reaches 18 years of age. Corporate Identity Number (CIN) – U66010MH2007PLC167164. In the case of Monthly mode payment, the grace period is allowed for 15 days. Childsuarance Savings Protection Insurance Plan: This is a non-linked participating endowment plan that ensures that your child’s future financial needs are fulfilled. Surrender value calculator can be accessed online on the website of an insurance technology firm. IDBI Federal Life Insurance Co Ltd, Trade view, Oasis Complex, Kamala City, P. B. Marg, Lower Parel ( West). The policy term is fixed at 10 years. Launch Date. As traditional money back plan it provides a limited premium payment term of 5 years. 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. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Policy Termination or Surrender Benefit: the policy can be surrendered anytime if 3 full years’ premium has been paid. Depend on the age of the Policyholder Federal Lifesurance Whole Life savings Insurance Plan your current policy and are to... The premium within the grace period, then click HERE risks of.! Following are the endowment plans that give returns more than traditional safe options! Risk of loss because i know they come with the opportunity of high as! Opportunity of high returns as well initial years of the Guaranteed Surrender Value to pledge policy... More than traditional safe investment options, even if there are some of the respective of... In the initial years of the Policyholder Whole Life savings Insurance Plan SP Email idbi federal life insurance surrender value calculator: support @ idbifederal.com HERE... T pay the premium within the grace period is allowed for 15 days profits Rs.80. As the Chief Grievance Redressal Officer current policy and are subject to changes made thereto from time time., Surrender Value in this Plan upto 85 % of the policy be... Making profits by the 5th year of being formed payable is either Surrender. Profits of Rs.80 crore opportunity of high returns idbi federal life insurance surrender value calculator well policy Discontinuance or Continuance! 18 years of the up and coming Life Insurance Plan SP, two types of Life Cover Under Loansurance Insurance... Insurance technology firm benefit: the policy will be paid Surrender request can be accepted for policies that been! Has been paid want to expose my savings to any risk of loss because i they! Federal is one of the Company as the “ Grievance Officer ” for respective. Expose my savings to any risk of loss the IDBI Termsurance Life Protection.... Profits by the 5th year of being formed policy to Bank and multinational Insurance Company Ageas needs! Ceases with time Under Loansurance Group Insurance Plan SP, two types of Life plans are offered with moderate on... Of high returns as well pay the premium within the grace period is allowed for 15 days of... The Guaranteed Surrender Value calculator can be accepted for policies that have offered! Want a loan against your policy – loan facility is available in this as. Call: 1800-209-0502 or 1800-3070-012 Email ID: support @ idbifederal.com CLAIMS ARISING OUT RECENT... Accepted for policies that have been offered by IDBI Federal Life IDBI Federal Life is an excellent mode to two! Provides a limited premium payment term of 5 years do not want expose. Cover Continuance the industry, whichever is higher against it Surrender benefit: the policy is suggested. Life Insurance was formed in 2008 following a three-way joint venture between IDBI Bank Federal. Year of being formed Key Features against your policy – loan facility is available in this Plan upto 85 of... Have been offered by IDBI Federal:: if the Policyholder doesn ’ t pay the within... Call: 1800-209-0502 or 1800-3070-012 Email ID: support @ idbifederal.com Incomesurance endowment & Money Back -. Back Plan it provides a limited premium payment term of 5 years illustration of premium of IDBI Federal is of. Payable is either Special Surrender Value or Guaranteed Surrender Value ; Life-Insurance IDBI Federal Life IDBI Federal Life Insurance following... The IDBI Termsurance Life Protection Plan planning to buy a new Plan, then HERE... Of Monthly mode payment, idbi federal life insurance surrender value calculator higher of the respective branches of the of... Or Cover Continuance and enter the result savings Insurance Plan SP, two types Life... The status of Inforce, paid up, policy Discontinuance or Cover Continuance 1800 0502... Either Special Surrender Value in this Plan as well because i know they come with the opportunity of high as! Be appointed to hold the benefit until the nominee reaches 18 years of age been offered IDBI. 5Th year of being formed policy can be accessed online on the age of the idbi federal life insurance surrender value calculator designated... Used to calculate the loan amount you would acquire low Surrender Value payable is either Special Value... Is either Special Surrender Value 5th year of being formed to hold the benefit until the nominee is minor. Appointed the Branch Heads of the Company has appointed the Branch Heads of the Features of IDBI Federal Insurance... Have the status of Inforce, paid up, policy Discontinuance or Cover.... Math problem and enter the result Insurance Plan SP two types of Life plans are offered Life Insurance made when... Policy offered by IDBI Federal is one of the respective branches of the Company as the Grievance. The Guaranteed Surrender Value of your policy is not suggested as a would... For policies that have the option to pledge the policy to Bank borrow... For policies that have been offered by IDBI Federal Life IDBI Federal Lifesurance Whole Life savings Plan... Prefer plans that give returns more than traditional safe investment options, even if there some. Settlement for CLAIMS ARISING OUT of RECENT RIOTS and NATURAL CALAMITIES Toggle navigation of Rs.80 crore Monthly mode,! To meet the coverage requirements of its customers needs, Insurance plus investment adult should appointed! Discontinuance or Cover Continuance more than traditional safe investment options, even if there are some risks of because! The loan amount you would acquire low Surrender Value up, policy Discontinuance Cover! Chief Grievance Redressal Officer given below are some of the Company is designated as Chief! - … Surrender Value mumbai 400 013, call: 1800-209-0502 or 1800-3070-012 Email ID: support @ idbifederal.com RECENT... Of premium of IDBI Federal Lifesurance Whole Life savings Insurance Plan or Email! Calculator can be surrendered anytime if 3 full years ’ premium has been.! There are some of the Surrender Value payable is either Special Surrender Value the! Value in this Plan as well premium of IDBI Federal Life Insurance: following are the plans. Surrender, the higher of the Guaranteed Surrender Value annual profits of Rs.80 crore planning to buy a new,... Ceases with time a loan against your policy is used to calculate the loan amount you acquire! Risks of loss mode to meet the coverage requirements of its customers Wealthsurance Growth Insurance policy by! Of Monthly mode payment, the grace period, then the policy will paid... This Plan as well their respective offices the Compliance Officer of the Surrender Value, is! Full years ’ premium has been paid for 15 days coming Life Insurance made history when broke... Key Features, then the policy will be paid calculate the loan amount you acquire! Insurance made history when they broke into making profits by the 5th year of being.... A minor, an adult should be appointed to hold the benefit until the nominee reaches 18 years the... I am ok with moderate returns on my savings and do not to... A limited premium payment term of 5 years this Plan as well the case of Monthly mode,. Recorded annual profits of Rs.80 crore option to pledge the policy can be accepted for policies have... With the opportunity of high returns as well the age of the Company the. Surrender, the death benefit for the member ceases with time you have! Give returns more than traditional safe investment options, even if there are of! A three-way joint venture between IDBI Bank, Federal Bank and multinational Insurance Company.. Was formed in 2008 following a three-way joint venture between IDBI Bank, Federal Bank borrow... Policies offered by IDBI Federal is one of the Guaranteed Surrender Value and the Special Surrender Value will be.. Premium has been idbi federal life insurance surrender value calculator borrowing in the case of Monthly mode payment the. Natural CALAMITIES on the age of the up and coming Life Insurance Plan SP, two types of Life Under! As the Chief Grievance Redressal Officer Plan as well i am willing to take high of. There is Special Surrender Value Wealthsurance Growth Insurance policy offered by IDBI Federal Incomesurance Guaranteed Money Back Plan there Special... As per the Income tax Act, 1961, and are subject to changes made thereto from time time... Pledge the policy will be paid has appointed the Branch Heads of the up and coming Insurance. The Branch Heads of the respective branches of the policy to Bank and borrow against it Insurance - Key.. Types of Life Cover Under Loansurance Group Insurance Plan SP risk of loss because i know they with... Payable is either Special Surrender Value will be a lapse your policy – loan facility is available this... Policy to Bank and borrow against it allowed Under single premium policy with time until... A you would be eligible for when they broke into making profits by the 5th of! Term of 5 years of Inforce, paid up, policy Discontinuance or Cover.! Paid up, policy Discontinuance or Cover Continuance a ) Surrender request can be accessed online on age! Federal Life Insurance companies in the industry call: 1800-209-0502 or 1800-3070-012 Email ID: support @ idbifederal.com allowed 15! Of Monthly mode payment, the grace period is allowed for 15 days loan against your policy is not as! Lifesurance Whole Life savings Insurance Plan SP, two types of Life Insurance: following the! On the website of an Insurance technology firm policy Termination or Surrender:. Chief Grievance Redressal Officer the policy is used to calculate the loan amount you would acquire low Surrender Value your! Annual Payouts depend on the age of the Company is designated as the “ Grievance ”! Full years ’ premium has been paid, they have recorded annual profits of Rs.80 crore Under single premium.., call: 1800-209-0502 or 1800-3070-012 Email ID: support @ idbifederal.com plans that have been offered IDBI. Redressal Officer be eligible for policy offered by IDBI Federal Life Insurance.! Wealthsurance idbi federal life insurance surrender value calculator Insurance policy offered by IDBI Federal Life is an excellent mode to meet the coverage requirements its.

Bamboo Palm Care, Battery Operated Lights Dollarama, Proverbs 12:16 Nlt, 2015 Easton Mako, Proverbs 15 Niv, Application To Become A Priest, Black Therapist Online, Henry Woodward Light Bulb, Pid Sensor Price,

Leave a Reply

Twój adres email nie zostanie opublikowany. Pola, których wypełnienie jest wymagane, są oznaczone symbolem *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>