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Ask an Expert to Buy Life Insurance

We're happy to know that you're prioritizing your family's future. Our life insurance expert will assist you in finding the best insurance plan. To schedule a call, please share some of the below details.

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Key Features

Life Cover

Protect your loved ones with life insurance cover in case of death or Accidental Total Permanent Disability (ATPD) 

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Premium Waiver

No need to pay any future premiums, in case of death or ATPD of the life insured

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Policy Flexibility

Choose the policy term, premium payment term, and payment mode that suit your needs

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Death Benefit Choices

Choose between lump sum or monthly payments for death benefits. 

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Payout Options

Choose from 8 payout options offering guaranteed payouts from 101% to 125% of Sum Assured

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How to buy?

Step 1

Enter information

Fill in the required details such as your name, your child’s name, phone number, etc. 

choose-plan

Step 2

Pick sum assured

Choose the sum assured amount and premium payment terms as per your requirement.

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Step 3

Review your quote

The insurer will then conduct a verification and a quote will be shown for your confirmation.

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Step 4

Speak to our experts

Our sales representative will help you with the process.

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Eligibility Criteria

Age at Entry

Answer
  • Minimum:  21 years

  • Maximum:  45 years 

Maximum Age at Maturity

Answer
  • For Premium Paying Term
     

                   o    7 to 12 years - 65 years

                   o   13 to 14 years - 70 years

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Premium Paying Term (PPT)

Answer

7 to 14 years 

Policy Term

Answer
 
Premium Paying Term                              Policy Terms                                                                 
MinMax
71520
81620
91720
101825
111925
122025
132125
142225

For Premium Payment Term

Answer

Minimum Limit
 

  • 7 to 9 years: ₹1,50,000

  • 10 to 14 years: ₹2,00,000
     

Maximum limit:  No limit, subject to underwriting

Minimum Annual Premium

Answer
Premium Paying ModeMinimum Premium
MonthlyRs. 1349

Quarterly

Rs. 4015

 

Half Yearly

Rs. 7934

 

Yearly

Rs. 15500

 

How people have benefitted from IndiaFirst Life

Hassle-free Onboarding Process

From the onboarding process to the comprehensive medical tests, IndiaFirst Life ensured a hassle-free journey for me. The features of the plan I purchased are as per my expectations, providing me with peace of mind for future.

Mohit Agarwal

(Mumbai, 21st March 2024)

How people have benefitted from IndiaFirst Life

Pleasant Online Buying Experience

Buying IndiaFirst Life's life-insurance policy was a pleasant experience for me. The hassle-free nature of interaction with the company's representative was a boon and so was the inclusion of must-have features in their policy plans.

Satyam Nagwekar

(Mumbai, 22nd March 2024)

How people have benefitted from IndiaFirst Life

Trusted ally in my financial journey

IndiaFirst Life's Radiant Smart Invest Plan has completely won me over! It's like having a trusted ally in my financial journey. With its flexible fund switch options, I've been able to craft my investments just as I envisioned. In just a year, I've seen a remarkable 20% return on my investments! The support from the onboarding team has been absolutely fantastic, making me feel truly cared for and supported.

Paulomi Banerjee

(Kolkata, 21st March 2024)

How can we help?

View All FAQ

What is the IndiaFirst Life Little Champ Plan?

Answer

IndiaFirst Life Little Champ Plan is a non–linked, participating, endowment insurance plan. It helps you plan the financing for your child’s education through payouts at regular intervals and securing the child’s future even in case of your death or ATPD. By way of its unique liquidity feature of guaranteed payouts, bonus accumulation (if declared), and life insurance benefit, this product offers a perfect blend for taking care of the financial needs of your child. 

What is the term of the policy?

Answer

This is a limited premium payment policy with the option of choosing a policy term from 15 to 25 years. 

What is the date from which the Risk Cover starts?

Answer

The Risk commencement date is the date of issuance of the policy from which the death coverage starts under this Policy. 

Is any tax applicable? If yes, who bears it?

Answer

Yes. The applicable taxes will have to be borne by you, the policyholder. These are subject to change from time to time as per Tax laws.

What are the tax benefits under this policy?

Answer

Tax* benefits may be available on premiums paid and benefit receivable as per prevailing Income Tax Laws. Tax* benefits are subject to change from time to time as per the Income Tax Act, 1961. Please consult your tax consultant before purchasing this policy.

What do you receive at the end of the policy term?

Answer

The Life Assured or nominee will get all the simple revisionary bonuses, if declared accrued and terminal bonus (if declared ) along with the last instalment of guaranteed payout, based on the payout option chosen as maturity benefit.

Can you return your policy (free look)?

Answer

Yes, you can return your policy within the Free Look period;

In case you do not agree to the any policy terms and conditions, you have the option of returning the policy to us stating the reasons thereof, within 15 days from the date of receipt of the policy. The freelook period for policies purchased through distance marketing or electronic mode will be 30 days.
 

Do you get any refund when you return your policy?
 

Yes. We will refund an amount equal to the – Premium paid

Less: i. Pro-rata risk premium for the time the policy was in force

Less ii. Any stamp duty paid

Less iii. Expenses incurred on medical examination, if any

Distance Marketing includes every activity of solicitation (including lead generation) and sale of insurance products through the following modes:

 

(i) Voice mode, which includes telephone calling;

 

(ii) Short Messaging service (SMS);

 

(iii) Electronic mode which includes e-mail, internet and interactive television (DTH);

 

(iv) Physical mode which includes direct postal mail and newspaper & magazine inserts; and,

 

(v) Solicitation through any means of communication other than in person.

How much can you at least pay to purchase this policy?

Answer
Premium Paying ModeMinimum Premium
MonthlyRs. 1,349
Quarterly Rs. 4,015 
Half YearlyRs. 7,934 
YearlyRs. 15,500

What are the premium paying modes available under the policy?

Answer

The life assured has the option to pay monthly/ quarterly/ half yearly / yearly mode.
 

The following premium frequency factors for monthly, quarterly and half yearly policies will apply on the yearly premium for the below frequency. 
 

Premium FrequencyFactor To Be Applied To Yearly Premium
Monthly0.0870 
Quarterly0.2590 
Half Yearly0.5119 

Who are the people involved in the policy?

Answer

This policy may include the 'Life Assured', the 'Policyholder', the 'Nominee(s)' and the 'Appointee'. 
 

Who is a Life Assured' ?
 

Life assured is the person, on whose life the policy has been issued. Death cover starts immediately on the Policy start date. On the Life Assured's death, the relevant benefit is paid out and the policy continues to ensure predefined payouts. Any person can be the life assured, as long as – 
 

Minimum Entry AgeMaximum Entry Age
21 Years45 Years

 

The maximum maturity age depends upon the premium paying term as shown in table below
 

Premium Paying TermMaximum Maturity Age
7 to 12 Years65 Years
13 to 14 Years70 Years 

 

Who is a policyholder?
 

A policyholder is the person who holds the policy.
 

Who is a nominee(s) ?


Nominee(s) is/are the person(s) nominated by the Life Assured under this Policy who is authorized to receive the claim benefit payable under this Policy and to give a valid discharge to the Company on settlement of the claim.
 

Who is an appointee?
 

Appointee is the person to whom the proceeds/ benefits secured under the Policy are payable if the benefit becomes payable to the nominee(s) and nominee(s) is minor as on the date of claim payment. 

What is the Sum Assured under this policy?

Answer

You have the option to choose the Sum Assured as per your needs and requirement


 

Sum Assured Limits
Sum Assured LimitsMinimumMaximum
7 to 9 yearsRs. 1,50,000No limit, subject to BAUP
10 to 14 yearsRs. 2,00,000No limit, subject to BAUP

What are the Risk Cover options available in this plan?

Answer

The plan provides coverage in case of death, accidental death and ATPD of the life assured.

The following Risk Cover options are available under this plan where premium amount varies depending upon the choice of the options:-

  • Death Cover
  • Death Plus Accidental Death Cover (ADB) 
  •  Death Plus Accidental Total Permanent Disability Cover (ATPD)
  • Death Plus ATPD Plus ADB (Comprehensive Cover)
     

Accidental Death
 

“Accidental Death” shall mean death:

a. which is caused by Bodily Injury resulting from an Accident and

b. which occurs due to the said Bodily Injury solely, directly and independently of any other causes and

c. which occurs within 180 days of the occurrence of such Accident provided date of accident is within the policy term  

Accidental Total and Permanent Disability refers to a disability, which: 
 

a. is caused by Bodily Injury resulting from an accident, and

b. occurs due to the said bodily injury, directly and independently of any other causes, and

c. occurs within 180 days of the occurrence of such accident provided date of accident is within the policy term
 

For the purposes of this benefit, the loss of both arms, or of both legs, or of one arm and one leg, or of both eyes, shall be considered total and permanent disability, without prejudice to other causes of total and permanent disability.

“Loss of an arm or a leg” shall mean physical severance of the arm at or above the wrist or physical severance of the leg at or above the ankle which: 
 

a. is caused by bodily injury resulting from an accident, and

b. occurs due to the said bodily injury, directly and independently of any other causes, and 

c. occurs within 180 days of the occurrence of such accident irrespective of the expiry of policy term provided date of accident is within the policy term. 

“Loss of an eye” shall mean total and irrevocable loss of sight of an eye which:
 

a. is caused by bodily injury resulting from an accident, and

b. occurs due to the said bodily injury, directly and independently of any other causes, and

c. occurs within 180 days of the occurrence of such accident irrespective of the expiry of policy term provided date of accident is within the policy term.

An “Accident” is a sudden, unforeseen and involuntary event caused by external and visible means.

“Bodily Injury” is accidental bodily harm excluding illness or disease solely and directly caused by external, violent means which is verified and certified by a Medical Practitioner. 

Plans that may interest you!

IndiaFirst Life Radiance Smart Invest Plan

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Product Name
IndiaFirst Life Radiance Smart Invest Plan
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Investment
Product Description

A ULIP insurance plan that can help you build a legacy by combining wealth growth and life coverage. This plan can help safeguard your finances and earn returns. Enjoy 2 benefits in 1 plan with IndiaFirst Life Radiance Smart Invest Plan.

Product Benefits
  • Zero Fund allocation charges 
  • 10 different funds to choose from 
  • 3 plan options to achieve your investment goals
  • 100% money invested for higher returns
  • Life cover charges returned at the end of policy year 
Porduct Detail Page URL

Get Quote

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IndiaFirst Life Guarantee of Life Dreams Plan

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Product Name
IndiaFirst Life Guarantee of Life Dreams Plan
Dropdown Field
Guaranteed Returns
Product Description

Wouldn't it be wonderful if we had a second source of income to support our dreams? Here is a way to make your dreams come true where you can start earning an income from the end of the 1st month itself. 

Product Benefits
  • Choice of 3 income Options 
  • Guaranteed Long-Term Income 
  • Life Insurance Cover 
  • Benefits of long-term Savings. 
  • Protection even if you miss one premium. 
Porduct Detail Page URL

Get Quote

Product Buy Now URL and CTA Text

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Indiafirst Life Guaranteed Single Premium Plan

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Product Name
Indiafirst Life Guaranteed Single Premium Plan
Dropdown Field
Guaranteed Returns
Product Description

Wondering if there is a way to get 7x return on your investments? Your search ends here! With this single payment plan, you can achieve your financial goals.

Product Benefits
  • Guaranteed 7x returns on investment 
  • One-time payment (Single Pay)  
  • Tax saving benefits 
  • Life Cover that is 1.25 times higher 
Porduct Detail Page URL

Get Quote

Product Buy Now URL and CTA Text

Learn More

Why IndiaFirst life

1.6 Crore

Lives secured since Inception

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Available in 16,500+

BOB & UBI Branches

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27,073 Crore

AUM as of Feb'2024

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1 Day

Claim settlement assurance

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1800 209 8700

Customer Care Number

whatsapp

8828840199

For online policy purchase

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+91 22 6274 9898

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