Age at Entry
- Answer
-
- Minimum: 18 Years
- Maximum: 60 Years
Let Us know a suitable time for you.
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.
Male
Female
Other
Thank for submitting your details
Your insights play a crucial role in helping us improve and enhance our services.
Same as base plan
Same as base plan
How people have benefitted from IndiaFirst Life
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
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
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)
IndiaFirst Life Group Protection 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, designed to enhance financial security for your members in case of accidental death or member being diagnosed with any terminal illness.
The sum insured in the policy will be as decided by you or your member as per the need. However, the minimum sum insured would be the base plan’s minimum sum insured or Rs. 5000, whichever is lower of the two.
Rider Option | Maximum per Life |
---|---|
Accidental Death Benefit | Base Life cover subject to maximum of Rs. 2 Cr* |
Terminal Illness Benefit | Base Life cover subject to Board approved underwriting policy |
Note:
*Rider benefit is limited to a maximum of 100% of Base Life cover
The rider term as well as the premium payment term will be same as that of the base plan, subject to a minimum of 1 year and maximum of 5 years (credit linked policies). The rider will not be offered if the term of the rider exceeds outstanding term under the base policy.
Premium paying mode depends upon the option selected in the base plan.
Minimum premium would be as per the minimum rider sum insured.
The maximum total Rider Premium (which is inclusive of rider extra premium) shall, in no case, exceed
In the event of non-payment of premium due under the policy within the grace period the policy will lapse, and no benefit is payable. The cover will cease, and no further benefits will be payable in case of a lapsed policy.
What are your options to revive the policy?
The Revival period shall be a period of five years starting from the last premium due date. You can revive your policy within a Revival Period along with the base plan from the date of first unpaid premium subject to applicable Board approved underwriting. There is no revival charge or penal interest/Late fees on revival. If rider has lapsed and not is revived within Revival Period or rider is opted out from base policy, then it cannot be included in the future period of the policy. On revival, if allowed, all due unpaid premium will be collected without any interest/Late fees and cover continues subject to Board approved underwriting policy.
Are there any constraints to revive your policy?
Yes. You can revive your policy as long as you do it within Revival Period as per base policy years from the due date of the first unpaid premium but before the maturity date. The revival is subject to satisfactory medical and financial requirements raised by the Insurer. The medical cost, if any to be borne by you.
If the base policy lapses, then rider benefit will cease. The rider benefit will terminate upon the happening of the first of the following events:
Illustration:
There is no maturity benefit payable under this policy.
Tax** benefits may be available on premiums paid and benefits receivable as per prevailing Income Tax Laws. These are subject to change from time to time as per the Government Tax** laws. Please consult your tax consultant before investing.
Tailored for groups it stands as a group protection insurance. This group life insurance offers security for all.
IndiaFirst Life Group Additional Benefit Rider Plan is a non-linked, non-participating, group rider.
Get Guaranteed financial cushion for yourself and your family members.
Knowledge Center
View All