Idbi Federal vs Aviva Term

  • Multiple policy tenure to choose from
  • Premiums starting @Rs 15/day
  • 30-day grace period
Happy Customers

Buy Policy in 2 mins

With expert guidance

Buy Policy in just 2 mins

2 lakh + Customers

Real-time Reviews

Easy and Efficient

Free Comparison

Easy Comparison

Customized Term Insurance Plan for you.

Get upto 10% Online Discount*

GENDER

Compare

Idbi Federal vs Aviva Term

Idbi Federal

Ageas Federal Life Insurance (AFLI) is one of India’s prominent life insurance companies that work towards offering best insurance solutions. They are a joint venture between Ageas and Federal Bank.

Aviva Term

Aviva India is a joint venture between Aviva Plc (UK based company) and Dabur Invest Corp (one of the popular business in India).

COMPANY DETAILS Edit Ageas Federal Life Insurance

Idbi Federal

Edit Aviva Life Term Insurance

Aviva Term

Rating
Number of term insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

2289 Cr

Annual Premiums Collected (2023-24)

1317.45
Payout Options

Payout Options

Lump sum, monthly or a combination of both

Payout Options

Lump sum, monthly or a combination of both
Claim ratio

Payout Options

98.52%

Payout Options

98.3%
Solvency Ratio

Solvency Ratio

3.1

Solvency Ratio

1.8
Pan India Presence

Pan India Presence

3,200

Pan India Presence

122+
Riders Available

Riders Available

Critical Shield Rider, Accident Care Rider

Riders Available

Accidental Death Benefit Rider, Critical Illness Rider, Waiver of Premium Rider, Disability Income Riders
Policy Term

Policy Term

10 to 75 years

Policy Term

10 to 40 years
Recommended Videos
Ageas Federal Term Insurance Plans

Ageas Federal Term Insurance Plans

Term Insurance Plans of Aviva Life Insurance

Term Insurance Plans of Aviva Life Insurance

Know More About Companies

Overview

Ageas Federal Term Insurance: Overview

Ageas Federal Life Insurance is backed by some major players, including Europe's life insurance major Ageas and India's leading bank, Federal.

Ageas Federal Term Insurance plans help you secure your family and offer financial security in case of your untimely demise. Ageas Federal Life Insurance offers 4 term insurance plans to suit your different needs: Termsurance Life Protection, Income Protect, Saral Jeevan Bima, and iSecure Plan. The Ageas Federal term plan offers key features such as the return of premium, income options in case of death, additional discounts, and tax benefits (T&Cs apply). 

What are some of the
Benefits
that set them apart?

  • Get your money back,

  • Avail high sum assured discount,

  • Get life cover at affordable premiums,

  • Tax benefits under section 80C or 10 (10D),

  • Special premium rates for women,

  • Increased sum assured option,

  • Monthly income benefit,

  • Optional accidental death benefit, etc.

 

Riders

Riders You Can Avail With Ageas Federal Term Insurance Plans

There are various riders that you can avail with Ageas Federal term insurance plans as per your needs.

Name of the Rider Benefits
Ageas Federal Accident Care Rider Protection against accidental death and a range of accident-related benefits. 2X benefit in case of death due to an Airplane or Train Accident
Ageas Federal Critical Shield Rider Covers up to 50 critical illnesses. Choose between two variants.
Flexible rider sum assured
Ageas Federal Linked Accident Rider Protection against accidental death and a range of accident-related benefits.

 

Consult for Personalized Insurance Advice

Contact With Advisor

But how does it work?

Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.

Other Term Insurance Companies

Trouble connecting with an insurance company?

Contact PolicyX.comCall at our toll-free number 1800-4200-269Email: helpdesk@policyx.com

We are happy to help.

Aviva Life Term Insurance

Explore India’s best-selling Term insurance plans below

Aviva India is a joint venture between Aviva Plc (UK based company) and Dabur Invest Corp (one of the popular business in India).

Aviva Protection Plus is a non-linked non-participating individual life insurance savings plan by Aviva Life Insurance India. The plan comes with two ...

Unique Features

  • 2 Plan option
  • High sum assured rebate
  • Return of Premium

Aviva Protection Plus Plan (Pros)

Aviva Protection Plus Plan
  • Accidental Death Benefit
  • Critical Illness Benefit
  • Waiver of Premium

Aviva Protection Plus Plan (Cons)

Aviva Protection Plus Plan
  • No Policy Loan
  • No Investment Option
  • No Maturity Benefit

Aviva Protection Plus Plan (Other Benefits)

Aviva Protection Plus Plan
  • High Sum Assured Discount
  • Tax Benefit
  • Flexible PPT

Aviva Protection Plus Plan (Eligibility Criteria)

Aviva Protection Plus Plan
  • Entry Age - 20 yrs
  • Maturity Age- 65 yrs
  • Min Sum Assured-20 lac
  • Max Maturity Age-80 yrs
  • Tax Benefit - Yes
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.