Steps To Buy IDBI Federal life Insurance
● Goto Offer Page
● Fillup All Required Details
● Submit your details
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Understanding The Policy
1. Can be bought by individuals between 18 and 60 years of age. The maximum policy term is 62 years and protects you until you turn 80 years old. You can choose to buy a term insurance cover from Rs.50 lakh, right up to Rs.30 crores
2. At a nominal additional cost, you can take an additional Accidental Death Benefit to cover yourself
3. How much cover do you need? Use our calculator to calculate how much cover you'll need to protect your family's financial future.
4. Your online term insurance policy can serve as collateral for loans
5. As per the Married Women's Property Act 1874, this policy is considered as a separate trust, and your wife can be your beneficiary.
6. In the case of a death claim, the policy proceeds are received by the trust directly.
7. Hence, the welfare of your wife and children is protected with utmost care.