IndiaFirst Life Guaranteed Monthly Income Plan - iflwebportal
IndiaFirst Life Guaranteed Monthly Income Plan is a non-linked, participating, limited premium, life insurance plan that offers monthly guaranteed payouts post completion of your premium payment term & gap year (if opted).
REASONS TO BUY INDIAFIRST LIFE GUARANTEED MONTHLY INCOME PLAN
We assure you guaranteed income coming your way every month
Get more than what you pay! Stand to receive from 105% to 125% of your premiums annually while we assure you the monthly regular support through payouts
Set and achieve bigger goals with the help of timely assured payouts in this policy
Plan your income better. Choose whether you want to start receiving your guaranteed monthly amount immediately post payment years or you prefer to wait a few years.
With various flexibilities on offer, you can tailor the plan to suit your needs as you get a variety of premium payment, policy term options and premium payment modes to choose from
Stand to enhance your savings with the help of bonus at maturity while protecting your loved ones through a life cover in case of any unfortunate event.
Tax benefits may be available on the premiums paid and benefits received as per prevailing tax laws
WHAT ARE THE ELIGIBILITY CRITERIA?
Minimum age at entry is 18 years and maximum age at entry is 50 years
Premium Payment Term is 8 to 11 years. The policy term is a sum of the premium payment term, gap year and guaranteed regular income term.
The sum basic assured will be calculated basis your (life assured’s) age, gender, annual premium, premium payment term or policy term and gap year chosen.