Life Insurances of

Federal Bank

Federal Bank is a Corporate Agent

of IDBI Federal Life insurance
Company Limited having its
registration number (Regn. No. IFL
1533051) and Registered office at
P.B. No.103, Federal Towers, Aluva,
Ernakulam, Kerala -683101.

Federal Bank is offering

IDBI Federal Childsurance Savings Protection
Insurance Plan
IDBI Federal Lifesurance Savings Insurance
Plan
iSurance Online Term Plan

IDBI Federal Childsurance Savings Protection Insurance

Plan - Features
Age @ entry (Parent)

Age @ entry (Child)

Minimum

Maximum

18 years

Regular
payment:40yrs
Limited
payment:50yrs

1 month

18 years

Maturity age

28 years

Regular
payment:65yrs
Limited
payment:75yrs

Policy term

10 years

25 years

Premium payment
term

Regular payment
option: =policy term
Limited payment
option: 5 years <
policy term

Premium payment
frequency

Yearly and monthly

Premium

Yearly: Rs.10,000

No limit(subject to

Advantages
A non-linked participating endowment plan that
ensures your childs future financial needs are
fulfilled.
Give you guaranteed annual payouts and aid the
important milestones in your childs life.
This plan ensures that your child gets to live his/her
dream exactly as you have planned, whether or not
you are around.
Option to choose policy term
Along with reversionary bonus, interim and terminal
bonuses (if any) would also be paid out at maturity.
Sum assured will provide for your childs immediate
needs.

Benefits
Guaranteed annual payouts for important milestones in the
last 3 or 5 years of the policy, depending on the policy term.
Bonuses to add to your savings
In case of your unfortunate death
Immediate lump sum payout
Future premiums waived of
Plan continues and benefits are paid as planned
Two tax benefits, one on the premiums you pay and the
other on the maturity amount you receive.
Flexibility to plan for your needs - Choose the maturity sum
assured, policy term, premium payment term, and payment
mode as per your needs.
Exclusive fund for your loved ones - Under Married Women's
Property Act, 1874, legally protected from creditors and
claimants.
Loan facility will be 85% of surrender value available under
the policy, min. Rs 5000.

IDBI Federal Lifesurance Savings Insurance PlanFeatures

Minimum

Maximum

Age @ entry

18yrs

55yrs

Age @ maturity

75yrs

75yrs

Premium

Yearly:Rs.10,000
Half yearly:Rs.5000
Quarterly:Rs.2500
Monthly:Rs.1000

No limit (subject to
underwriting)

Maturity sum
assured

Depends on age,
premium payment
and policy terms

No limit(subject to
underwriting)

Policy terms

Premium payment
terms available

10 years

Only 5 years premium

payment term is allowed

15, 20,25 years

Min:5yrs
Max: Equal to policy
term

Advantage
A fixed term non-linked participating plan that
provides you the twin benefits of long-term
savings and life cover.
With Lifesurance Savings, your small savings will
help you realise the big dreams that you have for
yourself and your family.
This plan ofers you the benefit of life cover that
will provide financial security to your family in
your absence.

Benefits
Lump sum payout at maturity
Guaranteed additions to safeguard your savings in the first 5
years of the policy.
Bonuses to boost your savings from the 6th policy year till
maturity.
Flexibility to plan for your needs
Double protection with Accidental Death Benefit
High Sum Insured rebate if you opt for a maturity sum
insured of Rs. 10 lac and above.
Advantage Women Lifesurance ofers a premium discount
for female lives.
Exclusive funds for loved ones, under Married Women's
Property Act, 1874, legally protected from creditors and
claimants.
Loans The policy has loan provision of up to 85% on the
policy's surrender value.
Two tax benefits, one on the premiums you pay and the other
on the maturity benefit/death benefit you receive.

iSurance Online Term Plan-Features

Premium Payment Term : It is the same as your policy term.
For instance, for a policy term of 10 years, you will need to pay the
premium for 10 years
Premium Frequency: Annual
Annual income criteria: Rs.5lacs for entry age (18-30yrs)
Rs.7.5lacs for entry age 31yrs and above
Minimum

Maximum

Age @ entry

18yrs

50yrs

Life cover

Rs.50lacs

Rs.30crs

Policy term

10yrs

25yrs

Accidental death
benefit

Rs.2crs

Advantages
Term insurance is useful if you want your family to be
financially independent in your absence, to take care of:
Daily household expenses
School and college education of children
Liabilities like housing loans Medical expenses and
emergencies
Parents who are financially dependent, family business.. and
such similar financial expenses.

Benefits
Big Cover, Small Premium
Get 1 crore life cover for premiums as low as Rs. 15 per
day*.
Accidental Death Benefit
With this benefit, your family will receive an additional
payout in case of death due to accident during the policy term.
Hassle-free online buying
iSurance Online Term Plan can be purchased online at a
time and place convenient to you. It is simple, quick and
available 24x7.
Medical test at your doorstep
Our team of medical experts will come to your home~ for
your medical test, at a date and time convenient to you.
Tax benefits
Tax benefits under section 80C and 10 (10D) are applicable
as per provisions of the Income Tax Act, 1961.
*Note:The above quote is for a healthy, 30-year old male,
non-tobacco user for a policy term of 20 years and the
premium is exclusive of service tax and education cess.