IDBI Federal Lifesurance Savings Insurance Plan


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IDBI Federal Lifesurance Savings Insurance Plan

IDBI Federal Lifesurance Savings Insurance Plan

Often, the first step towards a long and arduous journey is the toughest. However, once you have taken that first stride, the rest of the journey seems easier and more enjoyable. With your investments, it is the same approach that will ensure you build the right corpus to fulfil your dreams for yourself and your family – start small, save big !

IDBI Federal Life Lifesurance Savings Insurance Plan

  • Lump sum payout at maturity
  • Guaranteed additions to safeguard your savings in the first 5 years of the policy.
  • Bonuses to boost your savings from the 6th policy year till maturity.
  • Flexibility to plan for your needs – Choose the right combination of policy term and premium payment term.
  • Double protection with Accidental Death Benefit# Your nominee will get an additional payout in the unfortunate event of an accidental death during the premium payment term.
  • High Sum Insured rebate if you opt for a maturity sum insured of Rs. 10 lac and above.
  • Advantage Women – Lifesurance offers a premium discount for female lives.
  • Exclusive funds for loved ones, under Married Women's Property Act, 1874, legally protected from creditors and claimants.
  • Loans – The policy has loan provision of upto 85% on the policy's surrender value.
  • Two tax benefits, one on the premiums you pay and the other on the maturity benefit/death benefit you receive.


#Accidental death benefit (ADB) is optional and is equal to the maturity sum assured. The maximum ADB payable is Rs. 50,00,000 across all IDBI Federal Policies that the customer owns.


For more information on plan benefits, please refer to the product brochure.



IRDA Reference number- 12286/CILW/ENG/WLP/OCTOBER14/V1.

Age at entry (last birthday)  


18 years  


55 years  

Age at maturity (last birthday)  

75 years  

Policy terms and premium payment terms available

Policy term(s)

Premium payment term(s) available

10 years

Only 5 years premium payment term is allowed

 15, 20, 25 years

Min: 5 years 
Max: Equal to policy term

Premium payment frequency  

Yearly, half yearly, quarterly and monthly  



Yearly: Rs. 10,000, Half Yearly: Rs. 5,000, Quarterly: Rs. 2,500 and Monthly: Rs. 1,000  


No limit (subject to underwriting)

Maturity sum Assured


Depends on age, premium payment and policy term  


No limit (subject to underwriting)  


Brochure - Click here to download




Insurance is the subject matter of solicitation. IDBI Federal Lifesurance Savings Insurance Plan is a non-linked participating insurance plan (UIN: 135N029V01). The product is underwritten by IDBI Federal Life Insurance Company Limited (IRDA Regn. No 135; Corporate Identity Number (CIN) – U66010MH2007PLC167164) having its registered office at IDBI Federal Life Insurance Company Limited, 1st Floor, Trade View, Oasis Complex, Kamala City, P.B. Marg, Lower Parel (West), Mumbai 400013. Toll free number: 1800 209 0502 from Monday to Saturday between 8 am and 8 pm. Tax Benefits are as per the Income Tax Act, 1961 and are subject to changes in the tax laws from time to time. For more details on risk factors, please read sales brochure carefully before concluding a sale.