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• IDBI Federal POS Guaranteed Income Saving Insurance Plan and Policy

IDBI Federal POS Guaranteed Income Saving Insurance Plan and Policy

IDBI Federal POS Guaranteed Income Saving Insurance Plan and Policy

A quick, hassle-free life insurance plan with guaranteed payouts.

• Pay premiums only for the first 5 years
• No medical tests required
• Get policy benefits in lump sum or as regular income

Pay premiums for only 5 years and get life cover for 10 years

Under this plan, you pay your premium for the first five years only and get life insurance protection for entire policy term of 10 years.

Enjoy guaranteed benefit irrespective of market conditions

You will receive guaranteed benefits basis the plan option you have selected, irrespective of market conditions. They are expressed as a percentage of your premiums (excluding applicable taxes) and depend on age at entry of the life insured and premium amount.

Get benefits as lump sum or as Regular Income basis your need

If you have chosen endowment option at the inception, you will receive a lump sum payout at the end of 10th year. If you have chosen the income option, you will receive Regular Income every year from the end of 6th year till end of the 10th year.

Get tax benefits of Sec 80C and Sec 10(10D)

The policy offers tax benefits as applicable under section 80 C and 10(10D) as per provisions of the Income Tax Act, 1961. Tax benefits are subject to change in tax laws. You are advised to consult your tax advisor for details.

IDBI Federal Life Insurance POS Guaranteed Income Plan(UIN: 135N050V01)is a non-linked, non-participating insurance plan and no benefits other than those indicated in the brochure are payable.