IndiaFirst Life ULIP Plans, or Unit Linked Insurance Plans,offer a unique blend of insurance coverage and investment opportunities. It offers you a unique avenueto grow your wealth while safeguarding your loved ones.
Returns as on 21-09-2026. The returns are the returns of best-performing fund in the plan
Disclaimer : ˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s
insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.inRead MoreRead Less
Key Features of IndiaFirst Life ULIP Plans
Multiple Fund Choices:
These plans offer access to up to 10 diversified fund options, allowing policyholders to invest across equity, debt, balanced, and thematic fund categories based on risk appetite.
High Life Cover Options:
Certain plans provide higher life cover multiples, including up to 100x life cover in TULIP Plus and up to 20x cover in TULIP Pro, depending on age, premium, and plan terms.
Return of Charges in Select Plans:
Plans such as TULIP Plus, TULIP Pro, and Radiance Smart Invest Plan include return of premium allocation charges and mortality charges, subject to policy conditions and continuity.
Different Investment Strategies:
Several plans include automatic trigger-based investing, fund transfer strategies, age-based allocation, smart switching, and self-managed options to align investments with changing market conditions and financial goals.
Additional Protection Through Riders:
Some versions can include accidental death, complete and permanent disability, and term rider options to help bolster financial protection.
Flexibility Across Premium Structures:
The portfolio consists of regular pay, limited pay and single premium versions depending upon investing desire and premium commitment.
Loyalty Additions and Wealth Enhancers:
Some plans offer loyalty additions, maturity value enhancements, and wealth boosters to help maximise long-term wealth creation.
Why Invest in India's Growth Story?
India's life insurance market is expanding as more people are seeking ways to protect their money and save it for the future. The life insurance sector recorded a 6.7% rise in premium collections and 18% growth in earnings in FY25, indicating sustained demand for long-term insurance and savings products.
ULIPs are an investment-linked solution for customers who want to have life insurance with flexibility in fund options, premium commitments and protection needs. These long term plans enable policyholders to strive towards financial goals with market linked growth.
A portion of your premium goes towards investment in various unit-linked funds. These funds invest in different asset classes like equity, debt, or a mix of both, depending on your chosen fund and risk appetite. Potential returns on these investments are linked to the market performance, offering the chance for greater wealth accumulation compared to traditional insurance plans.
IndiaFirst Life ULIP Plan is a type of investment product that combines life insurance coverage with market-linked investments. In case of an unfortunate event like your death during the policy term, the IndiaFirst investment plan provides your loved ones with a death benefit as a lump sum payout.
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How Much Historical Returns are Provided by the Plans?
Investment Scenario
Monthly Investment:
₹22,000
Investment Duration:
18 years
Exit Timeline:
At Policy Maturity
Product Category:
Market-Linked ULIP Plans
Scenario 1:
Returns @ 4%
Plan Name
Estimated Maturity Value
Assumed Return Rate
IndiaFirst Life TULIP Plus
₹86.2 L
4%
IndiaFirst Life TULIP Pro
₹85.4 L
4%
IndiaFirst Life Radiance Smart Invest Plan
₹83.9 L
4%
IndiaFirst Life Wealth Maximizer Plan
₹81.7 L
4%
IndiaFirst Life Money Balance Plan
₹79.8 L
4%
Scenario 2:
Returns @ 8%
Plan Name
Estimated Maturity Value
Assumed Return Rate
IndiaFirst Life TULIP Plus
₹1.58 Cr
8%
IndiaFirst Life TULIP Pro
₹1.55 Cr
8%
IndiaFirst Life Radiance Smart Invest Plan
₹1.50 Cr
8%
IndiaFirst Life Wealth Maximizer Plan
₹1.45 Cr
8%
IndiaFirst Life Money Balance Plan
₹1.41 Cr
8%
Note: The maturity outcomes are likely to be different for different variants, as IndiaFirst Life ULIP plans differ in terms of life cover alternatives, return of charges, investing strategies and loyalty rewards.
Benefits of IndiaFirst Life ULIP Plans
Life Cover with Investments:
Select plans offer higher life cover multiples depending on age, premium, and plan type.
Additional Value Through Plan Benefits:
These include return of premium allocation charges, return of mortality charges, loyalty additions, profit boosters and additions in value at the mature stage.
Flexibility Across Premium Structures:
The portfolio includes regular pay, limited pay, and single premium variants.
Additional Protection Through Riders:
Select plans may offer riders such as accidental death, total and permanent disability, and term life coverage for enhanced protection.
Access to Funds When Needed:
Eligible policyholders may access partial withdrawal facilities after the lock-in period.
List of IndiaFirst Life ULIP Plans
IndiaFirst Life Insurance Company Limited offers various types of Unit Linked Insurance plans to its customers with varied features and benefit structures. Let us take a look at the different types of plans offered by IndiaFirst Life:
Let’s understand the various IndiaFirst Life ULIP Plans in detail now.
IndiaFirst Life TULIP Plus
IndiaFirst Life TULIP Plus is a Unit Linked Insurance Plan designed for individuals looking for higher life cover, market-linked investing, and return of charges over the policy term.
Key Features of IndiaFirst Life TULIP Plus
Life Cover of up to 100x:
The plan offers life insurance cover of up to 100 times the annualised premium, depending on eligibility and plan terms.
Return of Charges:
Provides return of premium allocation charges up to 750% and return of mortality charges, subject to policy conditions.
10 Fund Choices:
Depending on your risk appetite and financial goals, you can select from 10 fund choices.
New Equity Fund Options:
You can now invest in the Multi-Cap Equity Fund and Macro Trend Fund, which seek long term capital growth opportunities.
Pick Your Investment Strategy:
There are a number of strategies to invest depending on your outlook on the market and your investment preferences.
Extra Protection with Riders:
Provides an Accidental Death Benefit Rider and a Total & Permanent Disability Rider for increased protection.
Reduced Charges for Higher Premiums:
Premium allocation charges may be reduced for higher premium commitments.
IndiaFirst Life TULIP Pro
IndiaFirst Life TULIP Pro is a Non-Participating Unit-Linked Individual Savings Life Insurance Plan that offers protection with market linked wealth creation.
Key Features of IndiaFirst Life TULIP Pro
Life Cover up to 20x:
Offers life cover multiples of up to 20 times the annualised premium based on age, policy term and premium payment period.
Return of Charges:
It comprises return of premium allocation charges during the policy term and return of mortality charges at maturity.
10 Fund Choices:
Policyholders have the option to invest in 10 market linked funds with different risk profiles.
Multiple Investment Methods:
Investment methods to help you match your finances with market linked opportunities.
Unlimited Fund Switches:
Free switching and premium redirection facilities are available during the policy term.
IndiaFirst Money Balance Plan
The IndiaFirst Life Money Balance Plan is a Unit-Linked Insurance Policy (ULIP) that aims to help you grow your wealth while providing life insurance coverage. It offers a combination of market-linked returns and a safety net to protect your investments.
Key Features of IndiaFirst Life Money Balance Plan
Flexible Premium Payment:
Allows you to pay premiums through single, limited, or regular premium modes.
Family Protection:
The plan helps you to safeguard your family's future with life cover in the event of the life assured's untimely demise.
Partial Withdrawals:
You can access your money easily through partial withdrawals after completing the lock-in period.
Tax Benefits:
You can avail of tax benefits on premiums paid and benefits received under Section 80C and Section 10(10D), respectively, as per the IT Act, 1961.
Fund Options:
You can choose between two unit-linked funds, each offering different risk and return levels.
Smart Investment Strategy:
Employ the Automatic Trigger-Based Investment Strategy (ATBIS) to optimize investments systematically.
Flexible Premium Modes:
Premium payments can be made at regular intervals for a limited time or through a larger single premium payment.
Life Cover and Death Benefit:
Obtain life cover in case of the life assured's untimely demise.
Appointments:
The plan allows you to select an appointee and a nominee to manage policy funds in your absence.
IndiaFirst Wealth Maximizer Plan
The IndiaFirst Wealth Maximizer Plan is a unit-linked insurance plan (ULIP) offered by IndiaFirst Life Insurance. It is designed to help high-net-worth individuals like you maximise returns on your savings and create a lasting legacy of wealth for your loved ones.
Key Features of IndiaFirst Life Wealth Maximizer Plan
ULIP Investment Plan:
You can grow your money by investing in market-linked fund options.
Maturity Benefit:
If you survive the policy term, you will receive the fund value accumulated in your policy account.
Flexibility to Switch Funds:
You can switch between funds free of charge, allowing you to adjust your investment strategy as needed.
Systematic Investment Plan:
The policy allows you to invest a fixed amount regularly through a monthly, quarterly, or half-yearly premium payment.
Loyalty Rewards:
You can earn loyalty rewards for staying invested for a longer period.
Systematic Partial Withdrawal:
You can meet multiple needs through flexible withdrawals after 5 years.
Unlimited Free Switches:
Optimize your investments with free fund switches.
Long-Term Growth:
You get Loyalty Benefits, Profit Booster, and Loyalty Advantage to beat inflation for staying invested for longer-term.
Top-Up Premium Flexibility:
Allows you to manage your increasing needs by paying additional premiums.
Tax Benefits:
Avail tax benefits on premiums paid and benefits received under Section 80C and Section 10(10D) of the IT Act.
IndiaFirst Life Radiance Smart Invest Plan
IndiaFirst Life TULIP Plus is a Unit Linked Insurance Plan for investors who seek increased life cover, market-linked investing and refund of charges during the policy period.
Key Features of IndiaFirst Life Radiance Smart Invest Plan
3 Plan Options:
Policyholders can select Life Option, Extra Shield Option and Family Care Option, according to the protection needs.
10 Funds with Strategy Choices:
10 different fund choices with self-managed and automated investment strategies.
Multiple Investment Strategies:
Includes automatic trigger-based investing, fund transfer strategy, age-based allocation, smart switch option, defined allocation strategy, and self-managed strategy.
Return of Mortality Charges:
Total mortality charges deducted during the policy term are added back at maturity, subject to conditions.
Zero Policy Administration and Premium Allocation Charges:
Policy administration and premium allocation fees are basically not part of the plan.
Family Care Continuity Benefit:
Under Family Care Option, the insurer may refund future premiums after death of the policyholder to help extend the policy to maturity.
Why Buy IndiaFirst Life ULIP Plans from Policybazaar?
Over 9 lakh customers have invested ₹12,400 Cr through Policybazaar
No hidden charges. All costs and returns are clearly disclosed
Certified advisors provide unbiased guidance based on your needs
IRDAI-regulated, ensuring advice is in the customer’s interest
What is the return of IndiaFirst ULIP Plan in 10 years?
The average annualized 10-year returns provided by IndiaFirst Life ULIP plans range between 8% - 18% p.a.
Can I withdraw from the IndiaFirst ULIP Plan after 5 years?
Yes, you can withdraw your investment from the IndiaFirst ULIP Plan after a 5-year lock-in period through partial withdrawals or surrendering your policy.
How to pay premium? What are the modes of payment available?
IndiaFirst Life Insurance offers the following modes of payment for paying premium namely:
Online
Credit card/Debit Card
Electronic Clearing system(ECS)
Cash or cheque
For ECS, you must register beforehand by duly signing and submitting the ECS form. This facility is available in select cities only.
Alternatively, you can drop in cash or a cheque at your nearest branch in the city.
How can I check policy status for IndiaFirst Life ULIP plans?
To check the policy status login to your IndiaFirst Account with the designated User ID and password, which is directly linked to your policy number. After login in, a detailed tab will be displayed, which contains all the relevant data related to your policy.
What is the policy renewal process for IndiaFirst Life ULIP plans?
For policy renewal process, login into your account and select the online payment for renewal policy.
You can also select the ECS or the Auto debit option for paying the premium if you initially signed up for the policy.
You can approach the nearest branch office and fill in the required forms, attaching the mandatory documents to get the policy renewed.
What is the policy cancellation process for IndiaFirst Life ULIP plans?
In order to cancel a policy, you can fill in the required form and submit it to the nearest branch office along with the surrender charges as mentioned in the policy.
For new users, a period of about 15 days is allotted wherein one has the option to surrender the policy in case deemed necessary.
"I have policy, IndiaFirst life traditional plan. The policy coverage is high ~89% and the premium is low. The claims are high with easy claiming process, no paperwork no tension. The service facilitate by the executives and the staff members is really very nice. Good future investment which saves tax."
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Tax benefit is subject to changes in tax laws
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
