Group Riders
Enhance your base policy coverage
An add-on to your base policy to get additional benefits at an affordable amount.
Here are the products that fall under this category:
WHY CHOOSE GROUP RIDERS OFFERED BY INDIAFIRST?
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ENHANCE YOUR BENFITS
Expand risk coverage of your base policy at an affordable price.
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COMPLETE PROTECTION
Cover unforeseen eventualities with the help of optional riders.
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TAX BENEFIT
Tax benefit may be available on the premiums paid and benefits received as per prevailing tax laws.
SOME FACTORS TO CONSIDER
INSURANCE FOR ALL
RESEARCH INSURANCE COMPANY’S TRACK RECORD
INSURANCE FOR ALL
Group Riders provide additional risk coverage over and above your base policy at an affordable price.
RESEARCH INSURANCE COMPANY’S TRACK RECORD
Before investing in a group product/rider, it is important to check and compare the benefits of the policy and company’s performance with those in the market.
FAQs
- What are IndiaFirst Life Group Riders?
IndiaFirst Life Group Riders are a combination of different non-linked, non-participating group riders 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 unfortunate events.
- What is the minimum age at entry in IndiaFirst Life Group Riders ?
The minimum age at entry is 18 years.
- What is the sum insured in IndiaFirst Life Group Riders?
The sum insured in these riders will be as decided by you or your member as per the requirement. However, the minimum sum insured would be the base policy’s minimum sum insured or Rs. 5000, whichever is lower of the two.
- What do you receive at the end of the policy term?
IndiaFirst Life Group Riders are pure protection riders. There is no maturity benefit payable under this rider.
- What are the tax benefits in this policy?
Tax benefits may be available on premiums paid and benefits receivable as per prevailing Income Tax Laws. Please consult your tax consultant before investing.
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