IDBI Federal Lifesurance Suvidha Savings Insurance Plan

Recommendations :No

Name of the policy :
IDBI Federal Lifesurance Suvidha savings Insurance Plan

A brief desciption :

IDBI Federal Lifesurance Suvidha Savings Insurance Plan is a participating endowment plan, which simplifies the process of saving for the long term, with a 3-step process of select, sign and submit. However just like other endowment plans lack of transperency and clarity, and loads of charges makes the plan worthless.

Started date :1/6/2012
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Returns expected :Less than Fixed Deposit
Entry age :18-50 Years
Surrender :Guaranteed Surrender Value= 30% of all premiums paid - 1st year's premium

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