content bg top

IDBI Federal Life Insurance

IDBI Federal Life Insurance

About IDBI Federal Life Insurance

IDBI Federal Life Insurance Co Ltd 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. In this venture, IDBI Bank owns 48% equity while Federal Bank and Ageas own 26% equity each. . Having started in March 2008, in just five months of inception, IDBI Federal became one of the fastest growing new insurance companies to garner Rs 100 Cr in premiums. Through a continuous process of innovation in product and service delivery IDBI Federal aims to deliver world-class wealth management, protection and retirement solutions that provide value and convenience to the Indian customer. The company offers its services through a vast nationwide network of 2067 partner bank branches of IDBI Bank and Federal Bank in addition to a sizeable network of advisors and partners. As on 31st January 2013, the company has issued over 7.70 lakh policies with a sum assured of over Rs. 25,961 Cr. IDBI Federal today is recognized as a customer-centric brand, with an array of awards to their credit. They have been awarded the PMAA Awards (2009) for best Dealer/Sales force Activity, EFFIE Award (2011) for effective advertising, and conferred with the status of ‘Master Brand 2012-13’ by the CMO Council USA and CMO Asia.

About the sponsors of IDBI Federal Life Insurance Co Ltd

IDBI Bank Ltd.

continues to be, since its inception, India’s premier industrial development bank. It came into being as on July 01, 1964 (under the Companies Act, 1956) to support India’s industrial backbone. Today, it is amongst India’s foremost commercial banks, with a wide range of innovative products and services, serving retail and corporate customers in all corners of the country from 1036 branches and 1635 ATMs. The Bank offers its customers an extensive range of diversified services including project financing, term lending, working capital facilities, lease finance, venture capital, loan syndication, corporate advisory services and legal and technical advisory services to its corporate clients as well as mortgages and personal loans to its retail clients. As part of its development activities, IDBI Bank has been instrumental in sponsoring the development of key institutions involved in India’s financial sector –National Stock Exchange of India Limited (NSE) and National Securities Depository Ltd, SHCIL (Stock Holding Corporation of India Ltd), CARE (Credit Analysis and Research Ltd).

Federal Bank

Federal Bank is one of India’s leading private sector banks, with a dominant presence in the state of Kerala. It has a strong network of over 1031 branches and 1153 ATMs spread across India. The bank provides over four million retail customers with a wide variety of financial products. Federal Bank is one of the first large Indian banks to have an entirely automated and interconnected branch network. In addition to interconnected branches and ATMs, the Bank has a wide range of services like Internet Banking, Mobile Banking, Tele Banking, Any Where Banking, debit cards, online bill payment and call centre facilities to offer round the clock banking convenience to its customers. The Bank has been a pioneer in providing innovative technological solutions to its customers and the Bank has won several awards and recommendations.

Ageas

Ageas is an international insurance group with a heritage spanning more than 180 years. Ranked among the top 20 insurance companies in Europe, Ageas has chosen to concentrate its business activities in Europe and Asia, which together make up the largest share of the global insurance market. These are grouped around four segments: Belgium, United Kingdom, Continental Europe and Asia and served through a combination of wholly owned subsidiaries and partnerships with strong financial institutions and key distributors around the world. Ageas operates successful partnerships in Belgium, UK, Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand and has subsidiaries in France, Hong Kong and UK. Ageas is the market leader in Belgium for individual life and employee benefits, as well as a leading non-life player through AG Insurance. In the UK, Ageas has a strong presence as the fourth largest player in private car insurance and the over 50’s market. Ageas employs more than 13,000 people and has annual inflows of more than EUR 21 billion.

Vision and Values

Our Vision

To be the leading provider of wealth management, protection and retirement solutions that meets the needs of our customers and adds value to their lives.

Our Mission

To continually strive to enhance customer experience through innovative product offerings, dedicated relationship management and superior service delivery while striving to interact with our customers in the most convenient and cost effective manner.

To be transparent in the way we deal with our customers and to act with integrity.

To invest in and build quality human capital in order to achieve our mission.

Our Values

  • Transparency: Crystal Clear communication to our partners and stakeholders
  • Value to Customers: A product and service offering in which customers perceive value
  • Rock Solid and Delivery on Promise: This translates into being financially strong, operationally robust and having clarity in claims
  • Customer-friendly: Advice and support in working with customers and partners
  • Profit to Stakeholders: Balance the interests of customers, partners, employees, shareholders and the community at large

Who are we?

IDBI Federal Life Insurance Co Ltd is a joint venture between three leading financial conglomerates – IDBI Bank, Ageas and Federal Bank. With the impressive pedigree of these three financial giants, IDBI Federal aims to provide innovative wealth management, life insurance, protection and retirement solutions to customers all across India.

At IDBI Federal, we strongly believe that our human capital will play a vital role in the delivery of our products to our customers. The IDBI Federal vision is ’to build a customer-centric Agency Channel that sets industry benchmarks for reach, quality and cost effectiveness.

We believe that by investing in and building human capital and recruiting the right people we can achieve our vision.

How will we make a difference in your life?

A wise man once said that there is no greater joy than making a difference in another person’s life. By becoming a Wealthsurance Distributor with IDBI Federal, you too can experience that joy.

We will provide you with the necessary tools in the form of specialised training and support to help your customers build wealth and achieve long-term financial security for their loved ones.

Equally importantly, while helping others, you will also help yourself.

Last but not the least, by becoming an IDBI Federal Wealthsurance Distributor you can choose the time of your work at your own convenience. Essentially, you can be your own boss.

Wealthsurance Distributor with IDBI Federal, you too can experience that joy.

What is Your Role?

As a Wealthsurance Distributor with us, your role is not to just sell insurance. It is about making a difference in people’s lives, an insurance sale being a by-product of that.

As a Your role will allow you to meet people with special individual needs. You will help them analyse their financial situation and provide them with solutions which will help them achieve those goals and dreams.

Wouldn’t you like to be the person whom people thank when they have successfully managed to fund their children’s higher education, retire comfortably or to build personal wealth over the long term?

Partners in Progress

We strongly believe that our success lies in your success. Hence, we will support you with:

  • Customer-centric and easy-to-sell Innovative Products
  • Investment Expertise
  • Customised Training Programmes

Essentially, we will equip you with all the processes and tools necessary to create multiple sales which in turn will lead to your success in business.

Benefits

By joining te IDBI Federal team, you get associated with one of the most respected names in the financial industry. Additionally, you can:

  • Ensure a better lifestyle for you and your family
  • Augment your regular income
  • Gain membership to our prestigious clubs
  • Earn unlimited rewards and recognition

Sign up as an IDBI Federal Wealthsurance Distributor. Get more out of your life by making a difference in other peoples’ lives.

Select a Product




Continue


Share your Thoughts