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Image IndiaFirst Life Guaranteed Benefit Plan

IndiaFirst Life Guaranteed Benefit Plan(UIN 143N056V01) 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:

  • Accomplishyourfuturegoals!ChoosefromIncomeBenefitorLumpsumBenefitoptionasperyourneed.
  • Tailor the plan to suit your requirements, as you get to choose from 4 varied options under the Income Benefitoption.
  • 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.
  • Give your savings the extra boost with the Lumpsum benefit option.
  • 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 youhavepaidtwofullyears’premiums).
  • Safeguard your family further by opting Waiver of Premium Rider. Protect them from the burden of payingfuture 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.
  • Support your loved ones through death benefit as a one-time payment or in instalments over a period of 5, 10or 15 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.