This is what we offer with the plan

  • Benefits

    Level death benefit option

    Under this option, the death sum assured and hence the death benefit remains constant throughout the cover term.

  • Benefits

    Reducing death benefit option

    Under this option, the death benefit for the member decreases as per the benefit schedule. A benefit schedule (i.e. the table reflecting the death benefit during each cover month of the cover term) is generated at the outset and provided in the certificate of insurance. Benefit schedule can be generated for interest rates ranging from 1% to 20% per annum.

Sample Policy DocumentDownload

Know the eligibility for this plan

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50 members(Min)|No limit(Max)
18 years(Min)|65 years(Max)
20 years(Min)/75 years(Max)
2 years(Min)/30 years (including moratorium period, if any)(Max)

IDBI Federal Life Insurance Group Loan Secure Plan (UIN 135N051V01)is a single premium non-linked non-participating group credit term plan.

eligibility
I am years old
I would like a return of Lakhs
At the end of years

You are eligible.

You are not eligible.

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