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22-07-2017
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AVIVA FAMILY INCOME BUILDER (AVIVAINDIA) - Aviva Family Income Builder Doubles The Premium Paid After A Period Of Time. This Is A Good Children Read More
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IDBIFederal Incomesurance : Overview,Benefits & Suggest

Keywords : Incomesurance- 

IDBI Federal Incomesurance Endowment & Money Back Plan is a unique combination of a money back and endowment plan that gives you a Guaranteed Annual Payout along with insurance protection.



Incomesurance gives you two tax benefits in a single plan. Your premium is deductible under Sec 80C, so you save income-tax when you pay premium. Even better, the payouts you receive are fully tax-free under Sec 10(10D) so you can enjoy the additional income without any tax outgo.

Convenient premium payment options Incomesurance allows you to choose 5, 10 or 15 years as your Premium Payment Period. For the same payout amount, the premium is lower if you choose longer Premium Payment Period, so you can save more comfortably. Therefore, even if you want the payout in a short period of 5 years, you can pay premiums over a long period up to 15 years.

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