IndiaFirst Group Term Plan is a pure term insurance plan designed for groups to provide group members with protection at affordable rates.
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
14 years for non-employer-employee groups & 18 years for employer-employee groups |
70 years |
Maturity Age (Last Birthday) |
- |
71 years |
Size of the group |
50 members |
No limit |
Premium Payment Frequency |
Annual, half-yearly, quarterly, monthly |
|
Sum Assured |
1000 |
No limit |
In case any member commits suicide within 12 months from inception, only 80% of the premium paid is returned.
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the details of every group member.
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