IDBI Life Money Back Plans

To ensure that you do not face any financial difficulties in the future, it is important that you plan well ahead. is a non-linked, non-participating money back plan which gives you guaranteed returns on your investment, so that your future is completely secure. What’s more, it ensures that your family’s future is secure as well, even if it so happens that you are not around to provide for them.

Incomesurance Guaranteed Money Back Insurance Plan:

Benefits:

  • Premiums need only be paid for the first five years of the policy
  • Flexibility to choose premium amount as per your needs
  • Get two tax benefits of 80C and 10(10D)
  • Get guaranteed annual payouts from 6th to 10th year of the policy
  • with life cover for 10 years of policy term

How does Incomesurance Work?

Incomesurance is a simple IDBI Federal Life Insurance plan that can be quickly attained and offers guaranteed benefits. Premiums must be paid for 5 years, after which you will receive guaranteed annual payouts at the end of every year for the next 5 years. There is no ambiguity with the Incomesurance. You will know exactly how much you will receive as guaranteed annual payouts when you are purchasing the policy itself.

This Insurance Company has not partnered with BankBazaar.com. For more details, please visit its website/branch office. The trademarks, logos and other subject matters of intellectual property belong to their respective owners.

GST of 18% is applicable on life insurance effective from the 1st of July, 2017

 4.5 / 5.0   by 4 users
Used this product? Write a review >>

Plan Benefits

Payment Options

Policy Coverage

Customer Service

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

IDBI Life Money Back Plans Reviews

Page 1 of 1
  • IDBI Federal
    "Good Insurance"
    0.5 5.0/5 "Blown Away!"
    IDBI is my banker on the request of the branch manager, i have taken the life insurance policy from IDBI Federal life insurance. I bought the policy 5 years before in the year of 2013 and it already got matured and done the premium also i'm getting the pension amount every month.
    Was this review helpful? 2
    , kolkata
    Reviewed on Dec 30, 2019
  • IDBI Federal
    IDBI Federal
    "Good"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in IDBI before 2 years ago. The policy is for 10 years. Now I am paying premium in the yearly package. While getting a policy my agent has given an information about the policy details and provided documents as well. I use to do payments through an online.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 10, 2019
  • IDBI Federal
    "Payment gateway should be easier"
    0.5 4.0/5 "Great!"
    I have life insurance from IDBI federal insurance, I think I make the premium around Rs.12,000 it gives good maturity benefits. My friendly working as an agent, he recommended this plan. I used to go to the branch to make the payment, they need to work on the payment gate way and reminder calls.
    Was this review helpful? 0
    , chennai
    Reviewed on Feb 02, 2019
  • IDBI Federal
    "I feel I should have taken a better product"
    0.5 2.0/5 "Expected more"
    I have taken IDBI Federal Incomesurance policy 6 yrs back, premium of Rs 1.2 Lakh/yr, for 15 yrs . Life Coverage only 18.3 lakh, I will get only 1.8 Lakh per year for 10 yrs at end of term, which is meagre by any std. I am not able to come out of it as I will be loosing heavily. I am retiring after three years and after that I have to pay for another 5 years to get this benefit (yrly payout) . I do not know what to do.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 13, 2019
  • IDBI Federal
    "Very Good"
    0.5 4.5/5 "Excellent!"
    IDBI Life cover policy for my children there is more benefits in this policy i have to pay 30k every year after his age of 16 partially amount will received for his education after few years for marriage and in risk factor also amount will provide once terms will complete total Amount will be received in 3 terms for this policy.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Dec 13, 2018
  • IDBI Federal
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    I hold a life insurance policy with IDBI federal life insurance from last 1.5 years and it is a long term policy. The tenure of this insurance policy is 22 years and i pay my premium every month through ECS. Payment options are convenient for me and the coverage value is good in this insurance.
    Was this review helpful? 1
    , chennai
    Reviewed on Apr 16, 2018
  • IDBI Federal
    "Protection for my house and me"
    0.5 5.0/5 "Blown Away!"
    Based on home loan, Bank gave me life insurance from IDBI Federal. Which protect me and home, my monthly premium is around Rs. 1200 it has the tenure of 30 years, if some thing happens to me, I will not be paying the amount. Hence they take from the insurance company. It has home protection as well, if some thing happens to the building in term of earth quake, natural calamities, third party damage its covers my home.
    Was this review helpful? 0
    , bangalore
    Reviewed on Feb 06, 2018
  • IDBI Federal
    "Good service"
    0.5 4.0/5 "Great!"
    I don't have much experience regarding the service of IDBI for my home loan service because I have not interacted much with them the documents part was fine there was no good offers the customer service is good the payments where through online it was totally a good service from IDBI for my life insurance service.
    Was this review helpful? 0
    , chennai
    Reviewed on Nov 01, 2017
  • IDBI Federal
    "Good policy"
    0.5 4.0/5 "Great!"
    I hold a life insurance policy with IDBI federal for past 4 years. This policy has the tenure of 18years. The customer support is good with IDBI. I pay the premium of Rs,2000 every year. The plan benefits and the coverage is good with this policy. I pay the premium through online.
    Was this review helpful? 2
    , pune
    Reviewed on Oct 11, 2017
  • IDBI Federal
    "Good protection for family"
    0.5 4.0/5 "Great!"
    Quarterly I am paying the premium around Rs.5240, it has the tenure of 25 years. After that I wont get any return, my nominees will get the reimbursement around Rs.1 Crore for natural death, if accidental death will get around Rs.1.85 crore.
    Was this review helpful? 2
    , pune
    Reviewed on Jun 23, 2017
  • IDBI Federal
    "Good for all individual"
    0.5 4.0/5 "Great!"
    I am making the premium of Rs.10,000 on annual basis, it has the tenure of 30 years, its completely death risk policy. My dependent will get the reimbursement of Rs.1.4 crores + accidental benefits Rs.50 lakhs, I make the online payment by IDBI netbanking its great.
    Was this review helpful? 1
    , mumbai
    Reviewed on Jun 19, 2017
  • IDBI Federal
    "Have purchased an Insurance but ....."
    0.5 2.5/5 "Just OK"
    Service is very bad and they do not even call back to address your query and also do not tell you the status of it.It would be better if they are really serious to give better service to customers .It looks like firms are only interested in getting the business and afterwards forget them.
    Was this review helpful? 1
    , bangalore
    Reviewed on May 31, 2017
  • IDBI Federal
    "Good"
    0.5 5.0/5 "Blown Away!"
    I am having life insurance policy with the IDBI federal insurance company and the premium is lesser one with them and the coverage is more. Services are good one with them and the term is around thirty years of time, and the coverage is for one crore Rupees.
    Was this review helpful? 1
    , ahmednagar
    Reviewed on May 23, 2017
  • IDBI Federal
    "Good for individual and needy"
    0.5 3.0/5 "Satisfactory"
    I have life insurance with IDBI federal for about 25 years. The policy has completed and I got the money back as well. The tenure is 25 years for this policy. The policy coverage need to be improved in future. According to me every individual good to have the life insurance for safety purpose not for for the investment purposes.
    Was this review helpful? 0
    , bhopal
    Reviewed on Apr 05, 2017
  • IDBI Federal
    "Scope for improvement"
    0.5 2.0/5 "Expected more"
    IDBI federal life insurance policy is not really working good becuase they do not have good network connectivity for branches to resolve the customer queries. I have taken the ULIP based product with them and they used to deduct around 20% of the charges while in paper it used to get mentioned as 6% of the charges. Customer service is not really good with them as of now.
    Was this review helpful? 0
    , new delhi
    Reviewed on Feb 06, 2017
  • IDBI Federal
    "It is a good accidental policy"
    0.5 4.0/5 "Great!"
    IDBI term insurance is really good,. The premium what I pay its a one time payment of rs 4000 and the coverage amount is 50 lakhs. I am supposed to pay 4k on an annual basis and this was offered for a period of 25 years.
    Was this review helpful? 2
    , kolkata
    Reviewed on Nov 17, 2016
  • IDBI Federal
    "IDBI FEDERAL SAVINGS INSURANCE PLAN- FRAUD "
    0.5 0.5/5 "Unacceptable"
    I have a life insurance policy with IDBI Federal insurance company and which is 100% fraud policy... Never take this policy in your life. If you want to lose your money you can take this policy. Agent has told some stories that you can surrender any time, you can get full amount with interest. etc IDBI Federal is a fraud
    Was this review helpful? 4
    , hyderabad
    Reviewed on Aug 26, 2016
  • IDBI Federal
    "Fabulous"
    0.5 5.0/5 "Blown Away!"
    I have life insurance policy with IDBI federal insurance company and the coverage value is around 50 lakh Rupees. Plan benefits are really good with them and the payment mode is at single shot. Customer service is very good with IDBI federal insurance company.
    Was this review helpful? 1
    , chennai
    Reviewed on Jul 02, 2016
  • IDBI Federal
    "Better policy "
    0.5 4.0/5 "Great!"
    My life insurance is from IDBI federal. My friend who is working in the bank suggested this policy to me. The total tenured period is 15 years and the insurance covers death and accidental benefits. I went with this insurance because of good returns and better coverage.
    Was this review helpful? 0
    , patna
    Reviewed on Jun 07, 2016
  • IDBI Federal
    "Proper intimation made"
    0.5 4.0/5 "Great!"
    I like the service provided by IDBI federal related to the Life Insurance services.They intimate about the policy dates and other intimation related to the Insurance are given through the phone calls.I am having a 10years coverage plan with Federal Insurance.
    Was this review helpful? 0
    , nellore
    Reviewed on May 03, 2016
Common Loader Icon
Page 1 of 1
reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.