Protect your family, protect your home
Provide complete protection for your family’s future through life insurance coverage equivalent to your outstanding home loan amount. IDLC Home Loan Shield is a special Group Life Insurance Scheme, designed to protect your family in the event of your unfortunate death. The shield takes over the outstanding principal amount of your home loan with IDLC, thus protecting your beloved family from the burden of repayment.


  • Coverage: From 50% to 100% of the total home loan based on your age, loan tenure and outstanding principal amount
  • Term: Equal to the total term of the Home Loan it covers.
  • Reduces repayment burden on family in case of death of main earner
  • Lowest possible single premium
  • Hassle-free coverage merely upon declaration (up to a certain age limit)
  • Free of cost medical examination from recognized hospitals (costs will be borne by the Borrower only if the application is turned down by the Insurer)

How does my Nominee claim my insured amount?

To make the claim in the event of your unfortunate demise, your Nominee will have to:

  • Inform us within 7 days of the event
  • Provide us with relevant information and/or documentation to establish the fact, date, cause of circumstances relating to the event
  • Co-operate with and assist IDLC in any investigation undertaken by the insurance company
  • Provide evidence in support of the claim at the request of IDLC

Am I Eligible?

You can apply for this loan right now if you meet the following:

  • You have applied for, and have been approved for, a Home Loan from IDLC Finance Limited
  • Your age is between 20 to 55 years
Apply now >