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| Franchise | https://www.idbifederal.com/Pages/Locate-Us.aspx |
Important Notes
No details found.Registered Address and Customer Service Center
IDBI Federal Life Insurance Company Limited.
Address : 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel – East, Mumbai – 400013, Maharashtra.
Tel : 022 - 2302 9200
Fax : 022 - 2302 9499
Toll Free Number : 1800 209 0502
Email Address : [email protected]
Central Processing Unit / Branch
IDBI Federal Life Insurance Company Limited.
Address : 23rd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel – East, Mumbai – 400013, Maharashtra.
Tel : 022 - 2302 9200
Fax : 022 - 2302 9499
Toll Free Number : 1800 209 0502
Email Address : [email protected]
IDBI Federal Life Insurance is one of India’s growing life insurance companies and offers a diverse range of wealth management, protection and retirement solutions to individual and corporate customers.
IDBI Federal Life Insurance Co Ltd is 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.
Having commenced operations in 2008, IDBI Federal was able to achieve breakeven within just 5 years; the Company’s passion for innovation and growth helped it achieve this feat.
Through a nationwide network of 3, 014 branches of IDBI Bank and Federal Bank, and a sizeable network of advisors and partners, IDBI Federal Life Insurance has achieved presence across the length and breadth of the country. As on March 31, 2015, the company has issued nearly 8.23 lakh policies with a sum assured of over Rs. 51,918 crore. IDBI Federal Life Insurance has total assets under management of 4,893 crore and a robust capital base of over 800 crores, as on March 31, 2016.
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 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 1717 branches and 3000 ATMs. The Bank offers its customers an extensive range of diversified services including project finance, 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 1,247 branches and 1,485 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 190 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, the UK, Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand and has subsidiaries in France, Hong Kong and the 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 is the sixth largest Non-Life insurer with a number 3 position in cars insured and has a strong presence in the over 50’s market. Ageas employs more than 13,000 people in the consolidated entities and over 30,000 in the non-consolidated partnerships, and has annual inflows of more than EUR 23 billion.
Vision and Values
Maintaining integrity through their values.
Vision
To be the leading provider of wealth management, protection and retirement solutions that meets the needs of their customers and adds value to their lives.
Mission
To continually strive to enhance customer experience through innovative product offerings, dedicated relationship management and superior service delivery while striving to interact with their customers in the most convenient and cost effective manner.
To be transparent in the way they deal with their customers and to act with integrity.
To invest in and build quality human capital in order to achieve their mission.
Values
- Transparency : Crystal Clear communication to their 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
CSR
IDBI Federal Life Insurance believes in inspiring a positive change in the community in which it operates. The corporate social responsibility (CSR) initiatives from the company span diverse areas of the society. From nurturing the sporting fabric of the country to supporting health and urban community development programmes, the company believes in an all-round societal enrichment approach.
