1. How to pay premium? What are the modes of payment available? You can choose from ANY of the following premium modes from IDBI Life Insurance Online Payment Payment through IDBI & Federal Bank Branch ECS Payment through Advisor Cheque facility For payment through online, policyholder must visit e-portal of company. Enter your policy number and date of Birth Then verify your policy details Select payment options and pay payment. 2. How can I check policy status for IDBI Federal Life ULIP plans? As a registered user, please visit the site and provide the relevant policy information to enter the site and check the current status of your policy. You can track you application from the above link in case you have recently applied. 3. What is the policy renewal process for IDBI Federal Life ULIP plans? As an existing IDBI customer, you can convert all your paper policies into e-Policy to conveniently pay online premiums for renewals. You can fill the e-Policy Conversion Form and submit it to your nearest IDBI Federal branch. Once done, the renewal process remains the same as paying premium online. 4. What is the companys process to settle claim for IDBI Federal Life ULIP plans? IDBI Federal Insurance company guarantees to settle your claims within 8 working days, provided all your documents are in order. For every delay thereafter, the company will pay a penalty charge of 8% to the beneficiary. The process is simple. Fill the suitable claims form and submit the medical bills and reports and other documents as requested by the company to the nearest branch. The claim amount will be directly deposited in your bank account. 5. What is the policy cancellation process for IDBI Federal Life ULIP plans? It will take maximum 30 days for policy cancellation process. The IDBI policyholders must attach all the relevant policy documents along with a duly filled surrender form at any of the branch locations in their city. After receiving the documents and scrutinizing them, the refund is credited into the policyholders bank account as per the policys records, and the policy is cancelled. New Delhi Marathon to be sponsored by IDBI Federal Life Insurance 8 Day Claim Settlement Guarantee by IDBI Federal Seven New Plans by IDBI Federal Life Insurance Royal Sundaram General Insurance