IndiaFirst Life Employee Welfare Plan is a traditional variable non-linked, non-participating fund based group insurance plan. Manages employee benefits like leave encashment, gratuity and pre and post-retirement Medical expenses for your employees.
REASONS TO BUY INDIAFIRST LIFE EMPLOYEE WELFARE PLAN
Manage employee benefits and earn easy returns by providing security on leave encashment, gratuity and pre and post-retirement Medical expenses under separate policies
Enjoy a minimum assured guaranteed return of 1% per annum on your investments
Earn a non zero positive interest rate on your earnings as declared by us at the start of every financial quarter
Safeguard your resources with the help of an additional life cover through our IndiaFirst Group Term Plan
Option to avail Additional funding on initial contribution
Tax benefits for yourself (employer) as well as your employees as per the existing tax laws
What are the eligibility criteria?
Minimum age at entry is 18 years and maximum age at entry is 75 years
No minimum age at normal exit and maximum age at normal exit is 76 years
Minimum group size is 10 members and no limit on maximum group size
Minimum annual contribution is Rs 1,00,000 and No limit on the maximum annual contribution
No limit on the size of fund
A fixed life cover of Rs 5000 as death benefit under Gratuity, Leave encashment with a Rs. 5 life cover premium, per member, per year