To ensure that you do not face any financial difficulties in the future, it is important that you plan well ahead. Incomesurance Guaranteed Money Back Insurance Plan 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:
- 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
- Protect family 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.
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GST of 18% is applicable on life insurance effective from the 1st of July, 2017