IDBI launches IDBI Federal Wealthsurance Premier Insurance Plan

MUMBAI: Eyeing high net worth customers, private insurer IDBI Federal Life insurance Company Limited has announced the launch of their wealth-building plan, IDBI Federal Wealthsurance Premier Insurance Plan.

"Wealth creation is a long-term process with prudent planning playing an important part. Wealthsurance Premier is a great combination of a wealth and protection plan that assists the customers in wealth creation and management in the long term. At IDBI Federal, we take pride in our innovation. With Wealthsurance Premier, we have customized the product to suit the HNIs by making it a single premium plan that allows one to build wealth for the long term in tranches, with the flexibility of 13 varied investment fund options across the risk-return continuum for active wealth management.”, said G V Nageswara Rao, MD and CEO of IDBI Federal Life Insurance, during announcement.

IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, India's premier development and commercial bank, Federal Bank, one of India's leading private sector banks and Ageas, a multinational insurance giant based out of Europe.