In this venture, IDBI Bank owns 48% equity while Federal Bank and Ageas own 26% equity each. 4. Option to pay premium just once or for a limited period or throughout the policy term. Option to enhance protection with Accidental Death Benefit. Key Features . Tax Benefits are as per the Income Tax Act, 1961, and are subject to changes made … This brings IDBI Bank's shareholding in IFLI to 25 % from earlier shareholding at 48%. Guaranteed plan benefits to be paid out irrespective of market volatility. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. for 1+3, enter 4. 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 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, 19 th Dec, 07. IDBI Federal Life Insurance Guaranteed Income Plan. Following this transaction, the joint venture has been rebranded to Ageas Federal Life Insurance Company. E.g. Discounted premium rates for females, marathon runners and non-tobacco users. The plan ensures that the loved ones of the insured are financially secure and safe at all points in life. Insurance is the subject matter of the solicitation. Insurance is the subject matter of the solicitation. Income Tax Benefit - Life Insurance premiums paid up to Rs. LIC-controlled IDBI Bank on Thursday said it has sold 23 per cent stake in life insurance venture to foreign partner Ageas for Rs 507 crore. IRDAI Registration No. 3. Universal life insurance is irreversible life insurance policy with a financial investment cost savings element as well as low premiums like term life insurance policy. The features and benefits of the plan are as follows: Premiums under the plan are payable for a limited tenure only Features. Official Mobile Application from “IDBI Federal Life Insurance Company Limited”. Corporate Identity Number (CIN) – U66010MH2007PLC167164. The IDBI Federal Life Insurance Company has been renamed as Ageas Federal Life Insurance Company after Belgian multinational insurer Ageas Insurance International (Ageas) bought 23 … Under the transaction, IDBI … Features. View Details Buy Now . 5 Influential Marathon Runners Who Keep Inspiring Others. Provides flexibility to manage investments, Choose between monthly & annual premium payment, Comprehensive coverage of both heart and cancer ailments, Fixed Benefit payout on covered conditions irrespective of actual amount spent on treatment, Multiple minor stage claims allowed for both Heart and Cancer care. This application is developed to service needs of our esteemed customers. Registered Address: IDBI Federal Life Insurance Co Ltd, 22 nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East), Mumbai 400013, India. … Copyright © 2021 IDBI Federal Life Insurance. Three life cover options to suit individual needs. IRDAI Registration No. There are more than 600 runners working for corporate bodies such as Tata Consultancy Services, Cognizant, etc. Corporate Identity Number (CIN) – U66010MH2007PLC167164. 1,50,000 deduction under section 80C** Convenient payment options - annual, half-yearly, quarterly or monthly premium payments Do more with plans that offer pure protection, retirement planning and … Option to enhance protection with Accidental Death Benefit. Enjoy tax benefits under Section 80C of the Income Tax Act, 1961, and under Section 10(10D) of the Income Tax Act, 1961. 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. Tax benefits under Sec 80D of Income Tax Act, 1961, Guaranteed pay out for 7 consecutive years or Lump sum amount at maturity, Pay only for the first 7 years of the policy. Extensive life cover for a relatively small premium. Flexibility to choose premium payment term and policy term of one’s choice. IDBI Federal Life Insurance Guaranteed Income Plan. Tax benefits may be available on premiums paid and benefits received as per prevailing tax laws. 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%. Copyright © 2021 IDBI Federal Life Insurance. The IDBI Federal Life Insurance Guaranteed Wealth Plan offer life cover for a span of 14 years. IDBI Federal Life Insurance made history when they broke into making profits by the 5th year of being formed. IRDAI Registration No. Idbi Federal Life Insurance Premium Calculator Reduce taxable income by up to Rs. 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. IRDAI Registration No. Registered Address: IDBI Federal Life Insurance Co Ltd, 22 nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East), Mumbai 400013, India. Registered users who already have an account on the official website can access their policy information whenever they want. Solve this simple math problem and enter the result. Childsuarance Savings Protection Insurance Plan: This is a non-linked participating endowment plan that ensures that your child’s future financial needs are fulfilled. for 1+3, enter 4. 135, 19th Dec, 07. 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 … A non linked, non participating life insurance plan. IDBI Federal Life Insurance Co Ltd. is a three way joint-venture of IDBI Bank, an Indian development and commercial bank; Federal Bank, one of India’s leading [peacock term] private sector banks and Ageas, a multinational insurance giant based out of Europe. If you are a registered user, you may access the status of your IDBI Federal life insurance policy by following the instructions given below: 1. 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. Discounted premium rates for females, marathon runners and non-tobacco users. The IDBI Federal Life Insurance Spice Coast Marathon organised by IDBI Federal Life Insurance and Soles of Cochin will be held on November 11 2018. Once you click on the login button, you can open the portal for signing in. 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. 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 … IDBI Federal Life Insurance Wealth Gain Insurance Plan. Solve this simple math problem and enter the result. More than 30,000 runners have registered for this marathon which includes 150 runners from Kerala police and defence forces. Corporate Identity Number (CIN) – U66010MH2007PLC167164. #Top Selling Online plans refers to IDBI Federal Life Insurance plans which are frequently bought by customers through the website. IDBI Bank completed sale transaction of its 23 per cent stake to Ageas Insurance International on December 31, 2020. IDBI Bank was also planning to sell a 4 percent stake to Federal Bank in the life insurance JV. Guaranteed plan benefits to be paid out irrespective of market volatility. Endowment Policies Offered by IDBI Federal Life Insurance: Following are the endowment plans that have been offered by IDBI Federal: 1. 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. 135, 19 th Dec, 07. How To Get Protection, Growth And Tax Saving From One Investment. Flexibility to choose policy term and premium payment term. Option to pay premium just once or for a limited period or throughout the policy term. Enter your username and p… Inbuilt cover for Cancer, Heart attack and Stroke, Lump sum payout in case of a listed critical illnesses of a defined severity, Lump sum payout on death and regular monthly income to your family for 15 years, Get monthly income as a lump sum with the commutation option, Regular monthly income for your family for 15 years. All Rights Reserved. Invest in a Child Plan for a bright, fearless tomorrow, Revealed! Provides flexibility to manage investments, Choose between monthly & annual premium payment, Comprehensive coverage of both heart and cancer ailments, Fixed Benefit payout on covered conditions irrespective of actual amount spent on treatment, Multiple minor stage claims allowed for both Heart and Cancer care. You can find the login button at the top right corner of the homepage. Inbuilt cover for Cancer, Heart attack and Stroke, Lump sum payout in case of a listed critical illnesses of a defined severity, Lump sum payout on death and regular monthly income to your family for 15 years, Get monthly income as a lump sum with the commutation option, Regular monthly income for your family for 15 years. Registered Address: IDBI Federal Life Insurance Co Ltd, 22 nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East), Mumbai 400013, India. All Rights Reserved. Income Benefit option can be opted at the inception of the policy by paying an additional premium. Guaranteed Benefit on Maturity; Limited & Regular Premium Payment Term; Option to take Policy Loan; Tax Benefit u/s 80C & 10(10D)* No Medical Examination; On-the Spot Issuance; #Top … Choose at inception to receive benefits as a lump sum or as regular income as per the need. IDBI Bank has completed stake sale of 23% of joint venture IDBI Federal Life Insurance Company to Ageas Insurance International NV. IRDAI Registration No. Extensive life cover for a relatively small premium. The insurance premiums under this plan would attract income tax benefits under Section 80C of the Income Tax Act, 1961. Three life cover options to suit individual needs. IDBI Federal Life Insurance was formed in 2008 following a three-way joint venture between IDBI Bank, Federal Bank and multinational insurance company Ageas. Guaranteed Benefit on Maturity; Limited & Regular Premium Payment Term; Option to take Policy Loan; Tax Benefit u/s 80C & 10(10D)* No Medical Examination; On-the Spot Issuance; #Top … Flexibility to receive benefits as lump sum or annual pay outs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C . Tax benefits may be available on premiums paid and benefits received as per prevailing tax laws. License Category: Life Insurance Company, Corporate Identity Number (CIN) - U66010MH2007PLC167164. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. This is subject to approval by the Reserve Bank of India. The Wealthsurance Growth Insurance policy offered by IDBI Federal Life is an excellent mode to meet two needs, insurance plus investment. Tax benefits under Sec 80D of Income Tax Act, 1961, Guaranteed pay out for 7 consecutive years or Lump sum amount at maturity, Pay only for the first 7 years of the policy. Flexibility to choose policy term and premium payment term. IDBI Bank has completed the sale of its 23% stake to Ageas on the last date of 2020 for Rs 507 crore. Enjoy tax benefits under Section 80C of the Income Tax Act, 1961, and under Section 10(10D) of the Income Tax Act, 1961. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Flexibility to receive benefits as lump sum or annual pay outs. Tax Benefits are as per the Income Tax Act, 1961, and are subject to changes made … #Top Selling Online plans refers to IDBI Federal Life Insurance plans which are frequently bought by customers through the website. Enjoy guaranteed benefits irrespective of market conditions. Will Your Investments for Your Child’s Future Meet Rising Education Costs? Insurance is the subject matter of the solicitation. Guaranteed benefits can be availed under the IDBI Federal Life Insurance Guaranteed Wealth Plan irrespective of the volatility present in the market. Since then, they have recorded annual profits of Rs.80 crore. Enjoy tax benefits under Section 80C of the Income Tax Act, 1961, and under Section 10(10D) of the Income Tax Act, 1961. Each company has their standards for porting a plan. 135, 19th Dec, 07. The proprietor can alter the beneficiary unless the policy has an irreversible recipient classification. IDBI Federal Life Insurance today … Using this application our customers can get their policy related information on their fingertips. Presently, IDBI Bank has completed the sale of its 23% stake to Ageas pursuant to receipt of the requisite regulatory approvals. License Category: Life Insurance Company, Corporate Identity Number (CIN) - U66010MH2007PLC167164. 135, 19th Dec, 07. The bank's shareholding in the insurance joint venture now stands at 25% from 48%. View Details Buy Now . Income Benefit option can be opted at the inception of the policy by paying an additional premium. 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. IDBI Federal Lifesurance Whole Life Savings Insurance Plan is a whole life plan covering the policyholder till 100 years thereby taking care of protection requirement throughout the life of the individual. 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. Enjoy tax benefits under Section 80C of the Income Tax Act, 1961, and under Section 10(10D) of the Income Tax Act, 1961. Visit the official website of IDBI Federal at https://www.idbifederal.com/ 2. E.g. Eligibility conditions in IDBI Federal Termsurance- … This plan is a participating traditional Whole life … Get tax benefits of Sec 80C and Sec 10(10D). The result, Federal Bank and Ageas own 26 % equity while Bank! Plans that have been Offered by IDBI Federal Life Insurance Company limited ” prevailing tax.! 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