IDBI Federal unveils wealthsurance milestone plan

by Keerti on September 8th 2010 and filled under Insurance

NEW DELHI: IDBI Federal Life Insurance has unveiled its new Unit Linked Insurance Plan(ULIP) called IDBI Federal Wealthsurance Milestone Plan. The plan also provides a range of investment options, insurance options and flexibility that allows customers to customise a plan suited to their needs.

Mr G V Nageswara Rao, CEO and managing director, IDBI Federal Life Insurance, said, “Everyone wants to create wealth, but wealth creation does not happen by chance or accident. It needs a plan. Wealthsurance Milestone Plan offers such a plan which is very flexible and can be customised to an individual's needs.”

The plan comes with a wide range of 13 investment options and seven insurance benefits--all packaged with a low charge structure and unmatched flexibility.