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IndiaFirst Money Balance Plan

Introduction

Executive Summary

Your Money, Your Dreams... Our Care!

We all work hard to fulfill our dreams – for ourselves as well as our loved ones. However, as we move on in life, our wealth creation and protection needs along with the amount of risk we can take change. Hence, it is not only important to ensure that our hard earned money works hard for us; but is also kept safe for our future needs.

Our IndiaFirst Money Balance Plan offers you an insurance cover on your life and additionally helps you earn and secure returns on the money that you invest with us. With our ‘automatic trigger-based' investment strategy, we help you save systematically and transfer the earnings on your investment in a relatively safe fund that gives consistent returns. Most importantly, the life cover promises the sum assured in case of the life assured's unfortunate demise.

With our IndiaFirst Money Balance Plan, you can now see your money do wonders for you!

 

Key Features

• You can optimize your investments with the help of our ‘automatic trigger-based' investment strategy. We help you build your savings systematically while securing the earnings on your investment through an automatic transfer in relatively safe funds that give consistent returns.
• You may pay your premium(s) either regularly or for a limited period of time or through a single payment.
• The plan offers a life cover in case of the life assured's unfortunate demise.
• You can make the most of your investments by ‘switching' from one fund to another. You can also get easy access to your money by being able to withdraw partially.
• Under Section 80C you can enjoy Tax Benefits on the premium that you invest. You also get tax benefits on the benefits that you receive on maturity of your plan, under Section 10(10D).

Risk Factors

• The premium paid in unit linked plans is subject to investment risks associated with capital markets.
• The value of the units may go up or down based on the performance of the fund.
• Other factors influencing the capital market affect the value of the units. Hence you, as the policyholder are responsible for all your decisions.
• None of our funds offer a guaranteed or assured return.
• The past performance of our other funds does not necessarily indicate the future performance of any of these funds.