A) Level Cover: large cover, low cost

Insurance can help ease your worries. IDBI Federal Termsurance™ Protection Plan provides valuable income protection benefit in case of an untimely death of the major bread-earner in the family. The insurance benefit received by the family, provides the much-needed financial assistance to continue with life. Also, it helps fulfill the wishes and aspirations of the surviving family members.

• This option is perfect if you are looking for a large insurance cover whilst paying a very low premium amount.
• The sum insured remains constant for the policy period.
• Can be used to protect your family against future financial problems, in case of your untimely demise.

How this works:

Under this option, in case of death of the insured person during the term of the policy, the Sum Insured will be paid to the beneficiary.

Maturity Benefit:There are no maturity benefits. Hence, on survival at maturity the policy will terminate.

Premium Payment: You have the option to pay either a single premium or limited premium for 3 or 5 years, or regular premium for the term chosen.

The table below provides indicative premiums for various age-term combinations for a sum insured of Rs 10 lacs for a regular premium policy.

"Each premium indicated has been calculated on an annual premium basis for a healthy adult male, excluding service tax and education cess. The exact premium to be paid may vary as a result of underwriting and applicable service tax and education cess shall be charged additionally."