IndiaFirst Life Guaranteed Benefit Plan (UIN 143N056V04)

IndiaFirst Life Guaranteed Benefit Plan (UIN 143N056V04) is a non-linked, non-participating, limited premium, endowment life insurance policy which not only provides a shorter pay commitment of 5 / 6 or 7 years but also gives you savings and protection in a single policy. Not just this, the policy will also ensure, continuation of your life cover benefit even in case you miss to pay one premium, thus protecting your family with a continued life cover for one year. This policy will also take care of your liquidity needs through its loan facility.

Key Features:

• Accomplish your future goals! Choose from Income Benefit or Lumpsum Benefit option as per your need.
• Tailor the plan to suit your requirements, as you get to choose from 4 varied options under the Income Benefit option.
• Get three-way boost in the Income Benefit option. Receive Monthly Income, Annual Income as well as Maturity at the end of the policy term.
• Pay premiums only for a limited period while benefitting from your policy for an entire term
• Continue to enjoy life cover benefit for one full year even if you miss to pay one premium (applicable after you have paid two full years’ premiums).
• Safeguard your family further by opting Waiver of Premium Rider. Protect them from the burden of paying future premiums in case of occurrence of death, accidental total permanent disability or any of the defined critical illness while continuing the benefits of the policy.
• Tax* benefit may be available on the premiums paid and benefits received as per prevailing tax laws.

*Tax exemptions are as per applicable tax laws as amended from time to time.