IndiaFirst Life Saral Bachat Bima Plan (UIN 143N063V01)

IndiaFirst Life Saral Bachat Bima Plan (UIN 143N063V01) is a non-linked, non-participating, individual life, limited premium, savings policy, designed to ensure a long-term safety net for your loved ones through life insurance coverage, alongside guaranteed benefits while you pay for a duration shorter than your policy term.

Key Features:

• Create a long-term protection for your loved ones through life insurance cover of up to 12 or 15 years.
• Pay for a period of 5 or 7 years while benefitting from your policy for an entire policy term.
• Get additional sum assured in case of accidental death during the 1st year of the policy only.
• No hassles of medical tests, just confirm to the health declaration.
• Funeral Cover (accelerated and not additional benefit) of 10% of the Sum Assured on Death or Rs. 25,000 (whichever is lower) paid in advance on intimation of death of the Life Assured.
• 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.