IDBI Federal Life

IDBI Federal Life Insurance

IDBI Federal Life Insurance helps you secure your future and also lives of your loved ones with an array of life insurance policies they provide.
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IDBI Federal Life insurance review

IDBI Federal Life Insurance plans
Distribution - Number of branches pan India (March 2019)
65
Entry Age Minimum/Maximum (Years) - Term Plans
21/65
Sum Assured Minimum / Maximum - Term Plans
50 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
10/64
Solvency Ratio (FY 2018-19) *
3.34
Number of Policies Sold (Ind+Group) *
47,520
Number of Lives Covered (Ind+Group) **
115,816
Claims Settlement Ratio (Ind+Group) ***
97.45%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Other Plans from this provider are

IDBI Federal term insurance plans help you plan for financial protection for you family in case of an unfortunate event.
IDBI Federal Life Insurance Company offers a range of Investment plans to its customers to meet all their savings and protection related needs.
IDBI Federal Pension Plans are a great offering by the company. Its great features and innovative solutions to retirement issues are providing great comfort to the needy.
IDBI Federal Life Insurance Company offers various Unit Linked Insurance Plans (ULIP’s).
The company offers two child plans, one is a traditional child insurance plan while the other is a unit linked plan to enhance maximum return on investments. Both the plans have features to provide extensive coverage and maximum financial support to help the child achieve his dreams, even in your absence.
IDBI Federal Healthsurance Plan is a comprehensive Health Plan. It is a Traditional Plan without Bonus facility.

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025