IndiaFirst Life Plan is a traditional, non-participating, pure term insurance plan. This protection plan offers a life insurance cover for a period of up to 40 years at affordable rates which helps secure the family in case of the demise of the life insured. It ensures that the loved ones are protected from uncertainties of life and are taken care of even in the absence of the life insured. This way an untoward event will not disrupt the daily lives of one’s near and dear ones.
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Minimum |
Maximum |
|
Entry Age (last birthday) |
18 years |
60 years |
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Maturity Age (last birthday) |
- |
70 years |
|
Policy Term |
5 years |
40 years |
|
Sum Assured |
Rs. 1 lakh |
Rs. 50 crore |
|
Premium Payment Term |
Single Pay or Regular Pay (equal to the policy term) |
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Premium Payment Frequency |
Regular premium: Yearly, Half-yearly or Monthly (only through ECS or Direct Debit) |
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Premium Amount |
Single Pay: Rs. 5,000 Monthly: Rs. 100 Half-yearly: Rs. 500 Yearly: Rs. 1,000 |
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