Purchasing a worthy life insurance policy is something that almost everyone prefers to keep up with the fast pace of life. IndiaFirst is one of the leading insurance providers today and has closed several policies, making it a trustworthy name in the insurance sector. The Company offers a wide range of insurance plans in various categories as per the needs of its customers.Read more
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The IndiaFirst Life Insurance Premium Calculator can be used to get a quote on the premium to be paid on the purchase of one of their policies.
The India First Life Insurance Premium Calculator is simple to use, and all the steps are self-explanatory. By following the simple instructions provided, a customer can easily get a quote on the premium he will be expected to pay based on the plan of his choice. The calculator can be accessed from the company's official website online, and a customer can get results within a matter of minutes. The steps to be followed are as follows:
The basic information of the customer is required to get a quote on the premium amount. The customer, therefore, has to enter his name, date of birth, registered email id, mobile number, gender, and location. This information is essential for the calculator to estimate the premium. The customer's information is secure with the bank, and there are very minimal chances of it being leaked or misused.
The customer must then click on the "Generate OTP" tab, and a four-digit code will be sent to the mobile number that the customer has entered. This must be entered into the calculator to proceed with a premium quote.
The customer will then receive a quote on the premium amount that is expected of him. He must study this quote and decide if it falls within his financial constraints. If the customer finds it suitable, then he can proceed to purchase the policy online itself.
Each customer has different financial constraints, and each of them requires a particular plan that will fit their needs. The calculator works to sort out these issues and provide customers with plans that will be most suitable for them.
The India First Life Insurance Premium Calculator can be used to make comparisons between plans to choose the plan that provides him with maximum benefits.
Below are the reasons that a customer should use India First Life Insurance Premium Calculator:
India First Life Insurance Premium Calculator is a digital tool that is a digital tool that the Company has set up for the ease of the customers. They can access it from the comfort of their homes and get an advance intimation regarding their premiums. Listed below are the advantages of using the India First Life Insurance Premium Calculator:
This calculator is an online device that anyone can use to obtain information regarding their premium values at any time of the day. The customers do not need to conform to business timings or working days as is the case if they have to visit the branch offices.
This tool is completely free, and the Company does not charge the customers anything for using it. Irrespective of whether or not a customer purchases an insurance policy from the Company, there is no charge levied on using the calculator.
If the customer is aware of the expenses he has to endure towards the policy, he will be in a better state to plan his finances. Moreover, he can delay or expedite certain events based on his financial situation when he has this information.
A premium calculator is a reliable tool that can provide error-free results in no time. The customer can therefore be assured that the amounts that are being quoted to him are correct.
The following information is mandatory while using India First Life Insurance Premium Calculator. This information is required for the identification of the customers and to make the premium calculations.
Life Insurance is a necessity if one wants their family to be secure even after they are not able to provide for them. Listed below are the advantages that one stands to gain if they invest in life insurance from India First:
The family and any other beneficiaries of the policyholder will gain from the investment that he makes in life insurance. If the policyholder might die, the entire corpus generated will be handed over to his family.
Investing in life insurance is considered a secure investment as the returns on it are guaranteed and not subject to recessions or booms in the market.
The premiums may be paid as per the convenience of the policyholder. He can choose between annual, semi-annual, quarterly, or monthly modes of payment.
A customer is eligible to claim tax benefits on his investments in life insurance. Income tax deductions can be claimed while the customer is filing his returns at the end of a financial year. The Premium Paid Certificate must be produced while claiming tax returns if the premiums are paid online.
By investing in life insurance policies, the customers can generate large corpora for themselves that they can use in their senior years to meet unforeseen expenses or can be handed over to their families in the event of premature death of the customer.
India First Life Insurance Company has a large and varied portfolio of products that provides different benefits. The customer can choose the policy that suits his needs best. However, there are a few rules of thumb that determine an increase or decrease in premium rates. These are as follows: