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Insurance Company
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IDBI Federal Life Insurance Company Ltd
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Plan Name
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IDBI Federal Termsurance Grameen Suraksha
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Plan Nature
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TRADITIONAL
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Plan Category
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Term Plan
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UIN No.
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135N006V01
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About Plan
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IDBI Fortis Termsurance Grammen Suraksha is a low cost simple term individual insurance plan targeted at the rural population. It is an ideal plan to protect your family members in the event of unfortunate demise of the major income earner. This is a non participating single premium term insurance plan.
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Minimum Entry Age
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18Years
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Maximum Entry Age
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50Years
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Maximum Policy Term
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3Years
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Benefits
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| Particulars | Description |
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Maturity Benefits
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No maturity benefit available.
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Death Benefits
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In the event of unfortunate death of the insured person during the policy term, Your beneficiary will get a death benefit of Rs 5,000, Rs 10,000, Rs 15,000 or Rs 20,000 depending on the single premium paid.
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Loan against policy
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No loan facility available.
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Surrender Benefit
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No Surrender benefit available.
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Tax Benefits
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| Section | Description |
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SEC 10 (10)D
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Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
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IDBI Fortis Termsurance Grameen Suraksha is a low-cost, simple term individual insurance plan targeted at the rural population. It is an ideal plan to protect your family members in the event of unfortunate demise of the major income earner.
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This plan is available for men and women from age 18 up to age 50.
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In the event of unfortunate death of the insured person during the policy term, we will pay a death benefit of Rs 5,000, Rs 10,000, Rs 15,000 or Rs 20,000 depending on the single premium paid.
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12-Aug-09
11:41
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IDBI Fortis clears claims of next of kin if any policyholder died of swine flu
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27-Apr-09
20:16
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IDBI Fortis Life launched 'Retiresurance Pension Plan'
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17-Mar-09
16:23
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Rs 2.5 bn in insurance venture : IDBI Fortis Life
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10-Feb-09
10:25
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IDBI Fortis launches Homesurance Protection Plan
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30-Jan-09
13:50
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40 out of 45 are ULIPs which are filed by insurer in last one week : IRDA
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24-Jan-09
11:25
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IDBI Fortis sponsoring India-Sri Lanka cricket series
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26-Dec-08
11:25
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IDBI Fortis Life Insurance launches Bondsurance
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18-Dec-08
09:48
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IDBI Fortis LifeÆs new product
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11-Oct-08
11:25
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IDBI Fortis Opens 100 Branches Across Country
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30-Sep-08
03:54
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IDBI Fortis opens six branches in AP
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29-Sep-08
12:20
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IDBI's new Branch in Pune
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22-Aug-08
08:10
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IDBI Fortis Life Insurance opens branch in Vijaywada
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20-Aug-08
13:45
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IDBI Fortis Life Insurance opens First branch in Delhi
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