Product Information
Wealth Plans IDBI Federal Wealthsurance® Growth Insurance Plan
The IDBI Federal Wealthsurance SP is a single premium unit-linked insurance plan. A one-time investment plan, whereby paying the premium once, you allow your investment to enjoy returns of the selected funds. The plan also offers you life cover providing your loved ones with financial protection in case of any eventuality. In a nutshell, it is a smart investment plan that helps you maximise the potential of your windfall, rather than let it sit idle.


  • One-time premium payment
    1. You pay premium just once and enjoy returns of the selected funds! If you find regular premium payments a hassle, Wealthsurance SP is the plan for you. What’s more, this plan never lapses!
  • Choice of 9 funds and the freedom to switch among funds
    1. IDBI Federal Investment Basket gives you the choice of 9 funds to invest in based on your risk profile and return expectations. In case you manage your funds on your own, you can switch your investment between funds, without any charges.
  • Guaranteed loyalty additions to boost your investment
    1. At the end of the 5th policy year and every 5 years thereafter, you get guaranteed loyalty additions as a reward for staying invested in the plan. For more details on loyalty additions, please refer the product brochure.
  • Easy access to your investment through partial withdrawal
    1. In case of any emergency fund requirement, you can withdraw money from your Wealthsurance SP policy through partial withdrawals. These partial withdrawals are free of cost and can be availed of after the 5th policy anniversary. You can withdraw from a minimum of Rs 10,000 to a maximum of 20% of your fund value at the beginning of corresponding policy year. For more details on partial withdrawals please refer the product brochure.
  • Life cover for the financial protection for your loved ones
    1. In case of an unfortunate event of your demise, your nominee will get the death benefit which is the higher of the sum assured or the fund value at that time. The death benefit will always be at least 105% of the single premium paid.
Criteria Minimum / Maximum Wealthsurance Growth Insurance Plan SP
Age at entry Minimum Maximum
1 month completed 70 years
Age at maturity Minimum Maximum
18 years 75 years
Policy term Fixed options 5 years /10 years /15 years / 20 years / 25 years Subject to minimum and maximum maturity age as mentioned above
Premium payment term Single premium
Premium Minimum Maximum
Rs 25,000 No Limit (subject to underwriting)
Sum assured Minimum Maximum
Basic sum assured
For age at entry below 45 years
1.25 times the single premium
For age at entry of 45 years and above
1.10 times the single premium
For age at maturity up to 48 years
10 times single premium
For age at maturity greater than 48
Age at entry less than 45: 1.25 times single premium
Age at entry equal or greater than 45 : 1.10 times single premium
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