Why Homesurance^® Protection Plan?

A home loan is usually a large liability and if the breadwinner who would repay the loan were not to be there, it could become a serious burden to the family. The IDBI Federal Homesurance^® Protection Plan protects against this liability.

What is Homesurance^® Protection Plan?

The IDBI Federal Homesurance^® Protection Plan is a reducing term plan, which provides insurance cover equal to the outstanding balance of your home loan. In the unfortunate event of death of the home loan borrower, the insurance cover enables repayment of the home loan liability.

Advantage Homesurance^® Protection Plan

The IDBI Federal Homesurance^® Protection Plan is a mortgage reducing term insurance plan that secures the policyholder, irrespective of interest fluctuations at a nominal cost with high benefits.