POS Guaranteed Plan

IDBI Federal Life Insurance POS Guaranteed Plan is a non-linked non-participating life insurance plan which offers you to make onetime payment and then sit back and enjoy the benefits. The plan provides you a life cover for 7 years and gives you a maturity lumpsum at the end of 7 years

Key Features

  • With POS Guaranteed Plan you pay your premium only once and then get life insurance protection for 7 years
  • Enjoy guaranteed benefit irrespective of market conditions.
  • With POS Guaranteed Plan you pay your premium only once and then allow your investments to nurture with guaranteed returns till the maturity. You will receive your maturity amount as a Lumpsum at the end of the 7th year.


  • Maturity Benefit
Policyholder will receive Maturity sum assured (MSA) on survival at the end of the policy term. This is a defined percentage of the single premium payable and depends on the age at entry of the life insured and the premium amount. On this payment, the policy shall terminate and all rights, benefits and interests under the policy shall stand extinguished
  • Death Benefit
On the death of the insured person before the maturity date and while the policy is in force, we will pay to the beneficiary the Death Sum Assured subject to the waiting period. Once a death claim is paid, the policy is terminated.
  • Tax benefit
Tax benefits are subject to conditions specified under section 10(10D) and section 80C of the Income-tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant. Service Tax & Cess, as applicable shall be levied over and above premium amount shown here as per applicable tax laws.

Am I eligible?

ENTRY AGE 11 years 43 years
SUM ASSURED 10 times of singe premium
Premium Payment Mode Single time payment

What if?

I am to unable to pay premium

  • Grace period of 30 days will be provided and you should pay the premium with in the specified time period.

I want to take a loan

  • No such option is available under this policy