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Image IndiaFirst Micro Bachat Plan (UIN 143N052V02)

IndiaFirst Micro Bachat Plan (UIN 143N052V02) is a non-linked, participating, limited Pay, micro life insurance plan. The policy is designed to provide you with disciplined savings for your future goals, while you pay premiums just for 5 years, along-side ensuring that your loved ones are safeguarded in case of eventualities with a life cover. It also supports you through with the automatic maintenance of your life cover (applicable after you have paid one full years’ premiums) in case you miss paying your premium for one year. This plan is a perfect mix of disciplined savings and protection for your loved ones


Key Features:

  • Pay premiums only for five years to fulfil your long-term goals
  • Continue to enjoy life cover benefit for one full year even if you miss to pay one premium (applicable after you have paid one full years’ premiums)
  • Boost your savings with upside of annual bonuses (if any)
  • At the end of term, you get Sum Assured at Maturity plus accrued bonuses (if any)
  • Opt for Accidental Death Benefit option and secure your loved ones from adverse effects of such unfortunate event
  • Option to add Waiver of Premium Rider on payment of rider premium 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.
  • Choose to receive the death benefit as one-time payment or in instalments over a period of 5 years
  • 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.