IDBI Federal Life

IDBI Federal Life Child Insurance

Secure your child’s future with our customised Child Plans to fulfil your child’s higher education and other needs.
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IDBI Federal Life insurance review

IDBI Federal Life Insurance plans
Distribution - Number of branches pan India (March 2019)
65
Entry Age Minimum/Maximum (Years) - Term Plans
21/65
Sum Assured Minimum / Maximum - Term Plans
50 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
10/64
Solvency Ratio (FY 2018-19) *
3.34
Number of Policies Sold (Ind+Group) *
47,520
Number of Lives Covered (Ind+Group) **
115,816
Claims Settlement Ratio (Ind+Group) ***
97.45%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Other Child Plans from this provider are

This plan also has a joint life option, which is suitable if both parents are working.
This is a Non-Linked Participating savings life insurance plan. This plan designed to help you ensure that your childs future financial needs are fulfilled even in case of your unfortunate absence.
IDBI Federal Wealthsurance Future Star Insurance Plan is a Unit Linked Insurance Plan (ULIP) which financially supports important milestones of the child’s future and the plan also offers insurance cover to the parents which ensures that if insured parent not being alive, the child will get financial support with an immediate death benefit.

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2022