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Image IndiaFirst Life Smart Pay Plan (UIN 143N051V02)

IndiaFirst Life Smart Pay Plan (UIN 143N051V02) is a limited premium paying participating money back plan which not only provides shorter pay commitments but also gives some liquidity within premium paying period. This plan is designed to ease the fulfilment of your financial goals through money back during the premium paying period itself, continuation of your life cover benefit in case you miss to pay one premium, giving you an upside in the form of bonus (if any) at maturity while protecting your loved ones through a life cover in case of any unfortunate event.


Key Features:

  • Pay for a shorter period with options suiting your time horizon and fulfil your long-term goals.
  • Continue to enjoy life cover benefit even if you miss to pay one premium (applicable after you have paid two full years’ premiums).
  • Get 103% of your one annual premium back as survival benefit.
  • At the end of term, you get Sum Assured at Maturity plus accrued bonuses (if any); as well as enjoy the upside of earnings with an annual bonus (if any).
  • Option to add Waiver of Premium Rider to secure your loved ones from 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 plan.
  • 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.