IndiaFirst Life
Blog
Getting all your Life insurance-related queries clarified
is a certainty with IndiaFirst Life.
The secrets of guaranteed returns:
Your money, our promise
Author:Bhavna Verma | Date:28 Nov 2023 | Time:15:58:00
Life is a journey filled with dreams and responsibilities or what we call the certainties of life - buying a home, educating our children, planning for retirement, and securing our family's future.
Letting your policy lapse could
be costlier than you think
Author:Naman Gupta | Date:24 Nov 2023 | Time:14:53:00
Imagine you're planning the perfect road trip. You've got your route mapped out, your playlist set, and you've even packed your favorite snacks
From TDS to Self-Assessment Tax
– Your Complete Guide!
Author:IndiaFirst Life | Date:17 Nov 2023 | Time:16:26:00
If you’re eligible to pay income tax, you can easily file your returns yourself. The government has simplified the process by collecting taxes through three ways – TDS, advance tax, and self-assessment tax.
Single Premium Savings Plan:
Pay once, get uninterrupted benefits!
Author:IndiaFirst Life | Date:08 Nov 2023 | Time:16:24:00
Imagine this! You’ve got a huge lumpsum amount lying in your bank – the result of years of saving.
Advance Tax is the
ultimate tax stress buster
Author:IndiaFirst Life | Date:03 Nov 2023 | Time:15:40:00
Filing your income tax return can be super stressful. You have to plough your way through bank statements, salary slips, and other documents to gather all the information, organize it, and then fill out those forms. Plus, the income tax amount can seem overwhelming.
Complete Guide to GST on
Life Insurance Premiums
Author:IndiaFirst Life | Date:30 Oct 2023 | Time:16:50:00
We know what GST is. It is the tax we pay when we purchase any goods or services. Goods and Services Tax (GST) was launched in India on July 1, 2017, with the aim to simplify taxation.
Savings vs. Investing:
Spot the difference
Author:IndiaFirst Life | Date:23 Oct 2023 | Time:16:30:00
Make a list of all the things you want to buy, or do, in life - from buying the latest smartphone to travelling to the most exotic destinations of the world, and anything else you fancy.
Financial Planning is your
Financial Safety Net for Life
Author:IndiaFirst Life | Date:19 Oct 2023 | Time:16:31:00
Life presents so many wonderful opportunities, it would be a waste to let them slip away just because you don’t have money.
Reclaim the magic
of the festivities
Author:IndiaFirst Life | Date:29 Sep 2023 | Time:16:32:00
The festive season has begun in full swing in India, which means many of us are preparing for the next few months of hosting friends & family, making and serving great food, getting the house cleaned, shopping for gifts and much more.
Let’s talk about investments,
this time it’s not about money.
Author:IndiaFirst Life | Date:29 Sep 2023 | Time:16:25:00
Decorating the home with sparkling lights, twirling and posing in your favourite outfits, lots of lots of selfies, bringing the gang together to create trending Reels, and let’s not forget the HOLIDAYS!
Guide on What is E-NACH and
its Advantages & Registration Process
Author:IndiaFirst Life | Date:29 Sep 2023 | Time:10:33:00
Do you pay an EMI, monthly utility bill or insurance premium? It just gets automatically debited from your bank account, right?
Ditch the Tax Stress:
A Guide to Gain More from Your 15 Lakhs Salary
Author:IndiaFirst Life | Date:26 Sep 2023 | Time:14:28:00
We earn to spend, but we also earn to save for life’s important milestones, such as children’s higher education, post-retirement plans, or even simply to save tax.
Old vs. New Tax Regime:
Finding the Perfect Regime to Save Tax for Salary above 20 Lakhs
Author:IndiaFirst Life | Date:22 Sep 2023 | Time:16:03:00
The word ‘tax’ scares us. But if you understand the guidelines thoroughly, it will help you plan your taxes properly, and show you how to save tax for 20 lakh income easily.
Maximize Your Savings on an Income of 10+ Lakhs
with Smart Tax Planning
Author:IndiaFirst Life | Date:14 Sep 2023 | Time:11:37:00
Traditionally, savings in India have focused on two things - planning for the family’s future and saving on taxes.
The What, Why, Which, and
How of Income Tax in India
Author:Indiafirst Life | Date:29 Aug 2023 | Time:13:37:00
Come June and July, the whole country asks this! This is the time the whole nation is caught up in the frenzy of filing returns.
Fact vs. Fiction: Understanding
the Truth Behind ULIP Myths
Author:Indiafirst Life | Date:22 Aug 2023 | Time:18:51:00
Misinformation or partial information, and unfounded myths can do much damage to a product or service. And that’s precisely what has happened in the case of ULIPs.
Child plans are the ultimate superhero for your
kids, safeguarding their well-being and nurturing their growth.
Author:IndiaFirst Life | Date:11 Aug 2023 | Time:14:09:00
Children are an investment, but the joy they bring is priceless. Which is why, you’ll go to any lengths to make their life perfect, even if it means sacrificing your own dreams and desires.
The best things in life
come with a guarantee!
Author:IndiaFirst Life | Date:07 Aug 2023 | Time:11:48:00
Life is different for everyone. Yet, milestones across various life stages are quite common for all of us.
Let’s bust those myths on term insurance
and get your savings on track
Author:IndiaFirst Life | Date:04 Aug 2023 | Time:11:09:00
Let’s look at term insurance itself. People choose to believe the life insurance myths around it and lose out on this wonderful saving opportunity.
Make Your Golden Years
Shine Brighter with Retirement Planning
Author:IndiaFirst Life | Date:31 Jul 2023 | Time:14:01:00
Retirement is inevitable. How you live it is up to you. Today’s retirement is about rediscovering life by doing all the things your responsibilities towards your family forbade you from doing. It is about rediscovering independence, as opposed to dependence on children.
Ever heard of a salary post-retirement?
Here’s how you can get one!
Author:IndiaFirst Life | Date:20 Jul 2023 | Time:15:43:00
Gone are the days when retirement meant bent backs, and a sad life confined to the home. Today, retirement has evolved into something beautiful.
Stay Protected When Life Takes an Unexpected Turn:
Waiver of Premium Explained
Author:IndiaFirst Life | Date:17 Jul 2023 | Time:12:10:00
Life can be unpredictable – Covid-19 is the biggest example. And if you’re thinking, ‘Oh, that was a one-time event’, let us assure you that any unexpected event can turn your life upside down.
Don't Let Delays Drain Your Wallet:
The Definitive Guide to Saving Wisely
Author:IndiaFirst Life | Date:14 Jul 2023 | Time:11:32:00
If you are waiting for the right moment to start saving, you’ve already lost a major part of your savings.
Group Term Cover:
Together you're stronger
Author:IndiaFirst Life | Date:11 Jul 2023 | Time:15:42:00
As the name suggests, group term life insurance is a term plan that provides life cover to a group of individuals for a specific number of years, for a fixed premium.
Boost Your Finances: Discover the Perfect Investment Advisor
to Make Your Money Work Harder!
Author:IndiaFirst Life | Date:10 Jul 2023 | Time:08:26:00
If you want to make money, you must know how to manage it well. That is no easy task. Money management involves staying constantly informed about the economy, taxes, and finance.
Whether life goes up or down,
a ULIP investment will aways stand by you
Author:IndiaFirst Life | Date:06 Jul 2023 | Time:16:37:00
Then it only makes sense that you prepare for all changes. Everyone knows that they will marry, have children, fall sick, care for aging parents, age, retire from jobs, and so on.
Make Your Money Work Harder For
You by Investing in these Best ULIP Plans 2023
Author:IndiaFirst Life | Date:28 Jun 2023 | Time:14:09:00
Investing in stocks is so tempting, especially when you hear stories of how people have made meteoric riches through it.
Term Plan with Return Of Premium:
A Win-Win for the Survivor and the Beneficiary
Author:IndiaFirst Life | Date:27 Jun 2023 | Time:13:45:00
A good offer is always welcome. People constantly look for ways to earn more money, to secure the futures of their family and themselves.
Life Insurance Premiums Made Easy:
Know More, Save More
Author:IndiaFirst Life | Date:13 Jun 2023 | Time:15:07:00
Life insurance is synonymous with protection. It is a contract between the buyer and the insurance company, wherein the latter provides a sum assured as financial security to the former’s dependants, in the event of an unforeseen demise
Understanding Claim Settlement Ratio Will Help
You Ensure A Smoother Claim Process
Author:IndiaFirst Life | Date:05 Jun 2023 | Time:16:04:00
Why do you buy term life insurance? To protect your family from the financial challenges that they may face in the unfortunate event of breadwinner.
Get The Power Of A Double Income With These
5 Best Monthly Income Schemes In India 2023
Author:IndiaFirst Life | Date:24 May 2023 | Time:10:50:00
For most of us, a month signifies more than just 30 days. It is a constant reminder that the time to pay bills, dues, EMIs, school fees and a never-ending list of expenses, is approaching. We mostly calculate a month in terms of expenses.
Discover the Eighth Wonder of the World:
How to Leverage Compounding Interest for Long-Term Financial Security
Author:IndiaFirst Life | Date:19 May 2023 | Time:15:03:00
The power of compounding refers to the power of compound interest. Compound interest is calculated on the initial investment amount as well as the cumulative interest earned from prior periods.
The Difference Between Old and
New Tax Regime
Author:IndiaFirst Life | Date:17 May 2023 | Time:16:02:00
The new tax regime was first announced in Budget 2020, and this year, in Budget 2023, several changes were announced.
Term Insurance Tax Benefits Are the
Best Way To Boost Your Savings
Author:IndiaFirst Life | Date:11 May 2023 | Time:16:16:00
There is one thing that everyone works towards – peace of mind that financial security brings. This can only be achieved if you are able to build a savings corpus that is worthwhile.
Micro Insurance: Financial Security
Even on A Limited Income
Author:IndiaFirst Life | Date:04 Apr 2023 | Time:16:07:00
Insurance is important for everyone’s financial security as it protects you from unexpected events such as accident, illness or death.
Life Insurance Riders:
An Extra Layer of Financial Protection
Author:IndiaFirst Life | Date:24 Mar 2023 | Time:10:30:00
Most people think of life insurance as a wise investment that protects one’s family in the unforeseen event of their death.
Features of ULIPs &
How It Works
Author:IndiaFirst Life | Date:10 Mar 2023 | Time:16:29:00
ULIPs, or Unit Linked Insurance Plans, are one of the best ways to grow your wealth. These insurance policies are market-linked and offer dynamic returns based on market performance.
These 3 Innovative Ways Will Easily
Help Make an Investing Mindset
Author:IndiaFirst Life | Date:03 Mar 2023 | Time:17:29:00
We hear it time and again. Saving money and investing it is a good habit. The right investments can grow your money exponentially and help you achieve your long-term goals and aspirations.
Women have different
insurance needs as compared to men, here’s why!
Author:IndiaFirst Life | Date:03 Mar 2023 | Time:17:21:00
Insurance is important for everyone, whether it is for protecting your family, your health, your income, or your possessions. While both men and women need insurance, it is important for women to purchase separate, and adequate insurance plans as their requirements differ from men.
20 Best Easy Ways to Save
Income Tax in 2023
Author:IndiaFirst Life | Date:03 Mar 2023 | Time:13:54:00
Income tax is inevitable if you earn anything over ₹ 5,00,000 annually. Every year eight crore people in India have to race to their CAs to file their income taxes.
Life Insurance Myths
And Facts In 2023
Author:IndiaFirst Life | Date:28 Feb 2023 | Time:11:31:00
The popular belief goes that life insurance is only useful in death, so why is it called life insurance? Well, that’s a common myth surrounding life insurance.
A Comprehensive Guide to the New Income Tax
Slabs for FY 2023-24 (Post-Budget 2023)
Author:IndiaFirst Life | Date:20 Feb 2023 | Time:16:44:00
As India prepares to take its place among the top developing but largely self-reliant nations in the world, India’s income tax budget 2023 was presented by Finance Minister Nirmala Sitharaman on Feb 1, 2023.
Endowment Plan vs Term Plan:
Knowing the difference will help you choose better.
Author:IndiaFirst Life | Date:20 Feb 2023 | Time:08:37:00
Life insurance offers a range of products to fulfill every requirement. Whichever plan you choose, it guarantees financial protection for your family, irrespective of whether it is during your lifetime or after.
Can NRI Buy Life
Insurance in India?
Author:IndiaFirst Life | Date:19 Jan 2023 | Time:13:25:00
Yes, Non-Resident Indians (NRIs) can buy life insurance policies in India. According to FEMA (Foreign Exchange Management Act), NRIs and PIOs (Persons of Indian Origin) can purchase life insurance policies in India, given they fulfil certain conditions.
Knowing the difference between Term Insurance vs.
Life Insurance can boost your financial protection
Author:IndiaFirst Life | Date:19 Jan 2023 | Time:12:59:00
Life insurance is synonymous with protection, as it offers financial security in many ways. There are two types of life insurance plans: Term insurance and traditional life insurance policies, which include Pension plan, Child plan, Whole Life plan, Money Back plan, and Endowment Plan.
Types of Life Insurance
Policies in India 2023
Author:IndiaFirst Life | Date:18 Jan 2023 | Time:14:32:00
Imagine a low-risk investment that has the potential to grow your savings, create wealth, help you achieve long term goals, and secure you financially for decades!
What is Net Asset Value (NAV) in ULIPs,
and How is it calculated?
Author:IndiaFirst Life | Date:03 Jan 2023 | Time:16:38:00
You've decided to put your money into ULIP (Unit-Linked-Insurance Plans). You've decided how much to invest, researched your options, and probably even chosen the best ULIP plan for yourself.
Is Life Insurance
an investment?
Author:IndiaFirst Life | Date:28 Dec 2022 | Time:16:33:00
Before deciding whether insurance is an investment or not, it is critical to understand how they differ. Budgeting, debt management, tax planning, insurance, and investment management are all examples of financial management practises.
Tax advantages for
term insurance
Author:IndiaFirst Life | Date:16 Dec 2022 | Time:09:25:00
Term insurance is a financial security alternative for an individual to safeguard the future of your family members. The nominee will be compensated in accordance with the terms of the policy in the event of an accident, disability, or death of the policy holder.
ULIPs or Mutual Funds –
Which one to invest in?
Author:IndiaFirst Life | Date:13 Dec 2022 | Time:10:59:00
A wise investing plan can help you build wealth and protect the financial future of your family. Mutual funds and ULIPs (unit-linked insurance plans) are both popular investment options for those seeking long-term wealth accumulation.
Importance Of
Life Insurance In 2023
Author:IndiaFirst Life | Date:10 Nov 2022 | Time:10:06:00
The pandemic has taught us the importance of investing in a life insurance. The family's need for security has intensified due to the erratic nature of life during COVID.
Top 5 Life Insurance
Claim Rejection Reasons
Author:Atri Chakraborty | Date:04 Nov 2022 | Time:15:49:00
A Life Insurance plan provides financial safety in times of crisis. It provides great relief to the family when the sole breadwinner passes away due to an unfortunate loss of life.
Family Life Insurance - These Family Life Insurance Plans
You Take In 2022 Will Protect Your Family for Life
Author:IndiaFirst Life | Date:03 Nov 2022 | Time:14:13:00
Life insurance is one of the best financial instruments as it has a plan for every member of the family. Family life insurance covers everyone, from the breadwinner to the spouse and children, and keeps them financially secure in the long term.
The Importance of
Life Insurance Policy in 2022
Author:IndiaFirst Life | Date:03 Nov 2022 | Time:13:51:00
People tend to avoid discussing life insurance importance because they associate it with death. This is probably because term insurance, which is the simplest and most popular plan, pays the dependents the sum assured (the amount the person is insured for), in case of the policy holder’s death before plan maturity.
THE BEST TAX SAVING INVESTMENT PLAN IN 2022
HELPS GROW YOUR WEALTH TOO
Author:IndiaFirst Life | Date:07 Oct 2022 | Time:08:56:00
For most people, “Tax” implies money going out of income. Tax is a part of wealth creation and is just as essential. However, tax can also add to your wealth if you invest in tax saving investment options.
Benefits of Buying Term
Insurance At Different Ages
Author:IndiaFirst Life | Date:26 Aug 2022 | Time:11:49:00
One of the best life insurance policies to protect your family's financial future from unforeseen circumstances is a term plan.
Term Insurance
Benefits
Author:IndiaFirst Life | Date:08 Aug 2022 | Time:10:12:00
Purchasing insurance can be a very daunting ordeal but it doesn’t have to be this way. In this day and age, there are a lot of resources present to help you and inform you about its benefits.
Benefits of ULIPs and reasons to
invest in them in 2022
Author:IndiaFirst Life | Date:08 Aug 2022 | Time:09:37:00
What are your investment plans for 2022? Have you been thinking that which is a better option, life insurance, ULIPs, mutual funds, etc.?
Things to consider while
buying a child plan
Author:IndiaFirst Life | Date:11 Jul 2022 | Time:14:01:00
Nothing beats holding your newborn baby in your arms and admiring their innocence as a proud parent.
You have a Child Plan,
do you need to plan more?
Author:IndiaFirst Life | Date:23 Jun 2022 | Time:08:32:00
As parents, your primary concern is your child's future and you invest most of your lives planning for it.
How to claim term sum assured
after policy holder’s death?
Author:IndiaFirst Life | Date:20 Jun 2022 | Time:08:16:00
A death claim is the nominee's formal request to the insurance company. IndiaFirst Life provides a step-by-step guide on how to claim term insurance sum assured after policy holder’s death.
How do I look for the
best insurance plan?
Author:IndiaFirst Life | Date:07 Jun 2022 | Time:09:42:00
Unlike many other financial products, a life insurance policy affects our entire life.
What is a
Child Endowment Policy?
Author:IndiaFirst Life | Date:01 Jun 2022 | Time:16:30:00
A child endowment plan offers you dual benefits of life insurance for the policyholder and future savings for the child.
What are the types of insurance
everyone should have?
Author:IndiaFirst Life | Date:19 Jul 2021 | Time:12:24:00
The primary reason to purchase various types of insurance is protection. For a sound financial portfolio, insurance is the pillar to ensure your financial security.
Why choose a guaranteed
savings plan
Author:IndiaFirst Life | Date:11 Jul 2021 | Time:19:30:00
A guaranteed savings plan is a traditional life insurance product which also helps to achieve your savings goal with the least possible risk.
How Important is Term Insurance for
Non-working Spouse in India?
Author:IndiaFirst Life | Date:23 Jun 2021 | Time:15:00:00
A term insurance plan for non-working spouse helps you plan for any future eventuality with the help of suitable riders.
What is the first thing you should do before
purchasing life insurance?
Author:IndiaFirst Life | Date:16 Jun 2021 | Time:08:11:00
When choosing to make a long-term decision like purchasing life insurance, you must approach the matter as you would any critical life choice.
Guide to Enrolment to the
Pradhanmantri Jevan Jyoti Bima Yojana
Author:IndiaFirst Life | Date:04 Jun 2021 | Time:22:30:00
The Pradhanmantri Jeevan Bima Yojana is a government initiative to encourage insurance coverage across underprivileged families in India.
How does an
endowment plan work?
Author:IndiaFirst Life | Date:25 May 2021 | Time:22:09:00
An endowment plan is a life insurance policy that offers the dual benefits of life protection and wealth creation.
How to customize your life
insurance policy with riders?
Author:IndiaFirst Life | Date:11 May 2021 | Time:15:57:00
Life insurance riders are additional optional benefits that can be attached to the base policy of the policyholder.
Which Term Insurance
Plan suits your age?
Author:IndiaFirst Life | Date:10 May 2021 | Time:09:43:00
A term plan is a pure protection insurance plan that provides you a substantial life cover in exchange for a periodic premium payment.
Things to know before buying
an endowment plan
Author:IndiaFirst Life | Date:08 May 2021 | Time:22:40:00
Endowment plans or endowment assurance policies are life insurance products giving life cover, periodic pay-outs and guaranteed earnings.
Change - For it
is Only Natural
Author:Praveen Menon | Date:07 May 2021 | Time:16:29:00
Change is not the disruptive element of life, but it is the natural order of things. It is the only constant thing that is seen across the multitude of things right from ‘birth cycle’ in humans to the changes to the season.
Learn Why Illiteracy will be
the thing of the Past
Author:Rushabh Gandhi | Date:07 May 2021 | Time:14:56:00
With the #FreedomFromIlliteracy campaign, our objective was to create awareness across platforms where the reaction was quick and compelling.
Don't Plan for the Unlikely,
Because Life is Full of Certainties
Author:Rushabh Gandhi | Date:07 May 2021 | Time:14:12:00
Life-stages may differ from person to person but being financially smart through each life-stage is critical.
