IndiaFirst Life Group Additional Benefit Rider - iflwebportal
IndiaFirst Life Group Additional Benefit Rider Plan is a non-linked, non-participating, group rider which may be attached to one-year renewable group and other long term group products.
REASONS TO BUY INDIAFIRST LIFE GROUP ADDITIONAL BENEFIT RIDER
Flexibility to choose from 2 benefit options
1. Spouse Cover
2. Term Rider
Enhance risk coverage at an affordable price
Financial protection of the Member/ Member and Spouse against death basis the option chosen
WHAT ARE THE ELIGIBILITY CRITERIA?
Minimum Age at Entry is 18 years
Maximum Age at Entry is 64 years for One-year renewable group and 58 years for more than one-year group under Spouse Cover Option
Maximum Age at Entry is 64 years for One-year renewable group under Term Rider Option
Maximum Age at Maturity will always be less than or equal to base plan.
Minimum sum insured is as per base policy or Rs 5000, whichever is lower
Maximum sum insured is 1 Cr in rider attached with IndiaFirst Group Term Life Plan and 2 Cr in rider attached with IndiaFirst Life Group Credit Life Plus Plan under Spouse Cover Option
Maximum sum insured is Base Life cover subject to Board approved underwriting policy under Term Rider Option