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Business EconomyPosted at: Oct 20 2020 5:39PM


IDBI launches DBI Federal Life Insurance Guaranteed Income Plan

Mumbai, Oct 20 (UNI) IDBI Federal Life Insurance leading private life insurance company on Tuesday announced the launch of its IDBI Federal Life Insurance Guaranteed Income Plan, a non-linked, non-participating life insurance plan.
The plan provides a combination of life insurance and guaranteed returns and offers a choice of Income and Endowment options, basis an individual’s financial needs and life goals.
The prevailing uncertain scenario and unpredictable market conditions has created a need for securing one’s hard-earned savings through a guaranteed pay-out solution, laced with protection cover.
IDBI Federal Life’s Guaranteed Income Plan offers an assured guarantee to meet unpredictable future requirements. The new plan is a comprehensive solution offering both life protection and guaranteed returns – as a lumpsum or as annual income, depending on the option chosen. In the event of the unfortunate death of the insured person during the term of the policy, the plan provides death benefit to one’s nominees.
UNI JS PS 1739
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Tags: #IDBI launches DBI Federal Life Insurance Guaranteed Income Plan
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