Idbi Federal vs Pramerica Term Term Insurance 2026 | PolicyX
COMPANY DETAILS ✎ Edit

Idbi Federal

✎ Edit

Pramerica Term

Rating
Number of term insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 3072.74 crores

Annual Premiums Collected (2024-25)

₹ 2074.43 crores
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

99.18%%
Solvency Ratio

Solvency Ratio

2.70

Solvency Ratio

2.33
Pan India Presence

Pan India Presence

3,200

Pan India Presence

134
Riders Available

Riders Available

Critical Shield Rider, Accident Care Rider

Riders Available

Accelerated Benefit Rider, Waiver of Premium Rider, Children's Term Insurance Rider, Return of Premium Rider, Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider
Inception year

Inception year

2007

Inception year

2008
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

0.035

Complaint ratio per ₹1 crore of premium collected

0.039
Average claim settlement time

Average claim settlement time

30 days

Average claim settlement time

15 days
Recommended Videos
Ageas Federal Term Insurance Plans

Ageas Federal Term Insurance Plans

Pramerica Term Insurance Plans Overview

Pramerica Term Insurance Plans Overview

●  Free Expert Advice

Talk to India's Top Insurance Advisor

Get personalised guidance from IRDAI-certified experts — zero cost, zero spam. Our advisors help 1M+ Indians choose the right plan every year.

Other Term Insurance Companies

Trouble connecting with an insurance company?

Contact PolicyX.com
Toll-free: 1800-4200-269
We are happy to help.

Term Insurance Articles

Quick Comparison with Other Insurers

NG
Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

📞 Call Free