IDBI Federal Life Insurance launches new ULIP called Wealthsurance Dreambuilder Insurance Plan. Wealthsurance Dreambuilder Insurance Plan offers various investment options as per the needs of customer depending upon his or her risk appetite. For instance, conservative customers can choose guaranteed return options which offer fixed, assured returns. Those who can take risks can opt for capital protected options where the entry NAV is guaranteed and returns depend upon the market. Customers who would like to get potential high returns of equity markets in the long-term and understand the risk can opt for market linked equity options.
Important features of Dreambuilder Insurance Plan
1- Minimum premium amount of Rs 25,000 per year and maximum Rs. 1,00,000
2- 13 different fund options for investments
3- Death as well as 17 major diseases, hospitalization, disability, accidental injuries etc also covered
4- Guaranteed Loyalty Additions at the end of 10th policy year and every 5 years thereafter
5- The plan also offers Partial withdrawals facility if funds are required before maturity.