IDBI Fortis-Advantage Homesurance Plan

IDBI Fortis Advantage Homesurance Plan is unique insurance plan that gives security for entire outstanding home loan at a reasonable cost. It also covers terminal illness.

Features and Benefits:

1. On death-In case of unfortunate death of the life assured during the term of the policy, the outstanding balance is payable to the nominee.

2. Terminal Illness- It pays an accelerated payment of death benefit upon diagnosis of terminal illness.

3. Optional Benefit- The following optional insurance benefits are available-

-Accidental Death and Disablement Benefit

-Accidental Death Benefit

-Hospital Cash Benefit

-Major Disease Benefit

-Waiver of Premium Benefit on Total and Permanent Disablement

4. Tax Benefit- Tax benefit under section 80C and 10(10D) of the Income Tax Act,1961.

Policy Detail: