Idbi Federal vs Indiafirst

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  • Premiums starting @Rs 15/day
  • 30-day grace period
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Idbi Federal vs Indiafirst

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.

Indiafirst

IndiaFirst Insurance is one of the fastest growing insurance companies that offers simple and easy to understand insurance products at nominal premiums.

COMPANY DETAILS Edit Ageas Federal Life Insurance

Idbi Federal

Edit IndiaFirst Term Insurance Company Limited

Indiafirst

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)

Rs 754.47 Cr
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

98.22%%
Solvency Ratio

Solvency Ratio

3.1

Solvency Ratio

2.01
Pan India Presence

Pan India Presence

3,200

Pan India Presence

500+
Riders Available

Riders Available

Critical Shield Rider, Accident Care Rider

Riders Available

Term Rider 
Policy Term

Policy Term

10 to 75 years

Policy Term

5 to 40 years
Recommended Videos
Ageas Federal Term Insurance Plans

Ageas Federal Term Insurance Plans

IndiaFirst Life Insurance Term Plans

IndiaFirst Life Insurance Term Plans

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.

 

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IndiaFirst Term Insurance

Explore India’s best-selling Term insurance plans below

IndiaFirst Insurance is one of the fastest growing insurance companies that offers simple and easy to understand insurance products at nominal premiums.

IndiaFirst Life Guaranteed Protection Plus Plan is a unique term life insurance plan that meets every requirement. India First Life Guaranteed Protect...

Unique Features

  • Multiple Plan Options
  • Cover for Critical Illness
  • Waiver of Premiums

IndiaFirst Guaranteed Protection Plan (Pros)

IndiaFirst Guaranteed Protection Plan
  • 1 Crore Cover
  • 3 Plan Options
  • WoP Premium for 40 Critical Illnesses

IndiaFirst Guaranteed Protection Plan (Cons)

IndiaFirst Guaranteed Protection Plan
  • 1 Year WP For Suicide
  • No Rider Benefit
  • No Pre-Existing Conditions

IndiaFirst Guaranteed Protection Plan (Other Benefits)

IndiaFirst Guaranteed Protection Plan
  • Whole Life Cover (Till Age 99)
  • WOP Option For Disability
  • Adjust SA With Life Stage

IndiaFirst Guaranteed Protection Plan (Eligibility Criteria)

IndiaFirst Guaranteed Protection Plan
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 50L
  • Maximum Maturity Age - 99 yrs
  • Premium Payment Term - 5 To 35 Years
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.