IDBI Federal launches insured wealth plan
Mumbai: IDBI Federal Life Insurance announced the launch of its new ULIP called Wealthsurance Dreambuilder Insurance Plan which will enable customers to save and build wealth under the protective cover of insurance. This Wealthsurance combines wealth creation and insurance protection into one powerful financial solution. The minimum premium amount of this insurance is 
25,000 per year and maximum 1, 00,000.
Wealthsuranc Dreambuilder Insurance Plan offers a wide range of insured wealth plans. It also the best investment options which are designed to cater to the needs of every customer. It also provides insurance benefits to protect the customers against uncertainties, so that they don't have to break their investment to meet financial crisis and their money can keep compounding. In addition this Plan also offers partial withdrawals facility if funds are required before maturity.
The insurance benefits offered by the Plan include lump-sum cash amounts up to 20 lakhs to be paid upon diagnosis of any of 17 specified major diseases. These include heart attack, coronary bypass surgery, cancer, stroke, paralysis, coma, brain tumor, renal failure, major organ transplant.
The MD & CEO of IDBI Federal Life Insurance, G V Nageswara Rao said, "The plan offers a unique investment options called Asset Allocator Funds, where the company's fund managers invest in equity or debt depending upon market conditions. This is a very useful option for those who do not have the time or expertise to monitor equity market and shift into debt or equity investments depending on market conditions. Moreover policyholder can boost their investments with Guaranteed Loyalty Additions which will be given at the end of specific terms as a reward for long-term investment. The Plan comes with attractive tax benefits."
25,000 per year and maximum 1, 00,000.
Wealthsuranc Dreambuilder Insurance Plan offers a wide range of insured wealth plans. It also the best investment options which are designed to cater to the needs of every customer. It also provides insurance benefits to protect the customers against uncertainties, so that they don't have to break their investment to meet financial crisis and their money can keep compounding. In addition this Plan also offers partial withdrawals facility if funds are required before maturity.
The insurance benefits offered by the Plan include lump-sum cash amounts up to 20 lakhs to be paid upon diagnosis of any of 17 specified major diseases. These include heart attack, coronary bypass surgery, cancer, stroke, paralysis, coma, brain tumor, renal failure, major organ transplant.
The MD & CEO of IDBI Federal Life Insurance, G V Nageswara Rao said, "The plan offers a unique investment options called Asset Allocator Funds, where the company's fund managers invest in equity or debt depending upon market conditions. This is a very useful option for those who do not have the time or expertise to monitor equity market and shift into debt or equity investments depending on market conditions. Moreover policyholder can boost their investments with Guaranteed Loyalty Additions which will be given at the end of specific terms as a reward for long-term investment. The Plan comes with attractive tax benefits."
