Term insurance is one of the most fundamental forms of life insurance. It offers financial protection to your family in case of your untimely demise. It is an affordable way to secure your loved ones' future and ensure their needs are met even in your absence. One such comprehensive and flexible plan is the IndiaFirst Life Super Protection Plan. Designed to provide more than just a basic life cover, it brings multiple benefits that cater to your evolving needs through different stages of life.
So, what is the Super Protection Plan?
Looking at the Super Protection Plan in Detail
It is a non-linked, non-participating, individual pure risk savings plan by IndiaFirst Life Insurance. It offers term insurance coverage and returns all premiums paid if you outlive the tenure of the plan.
The IndiaFirst Life Super Protection Plan brings with it a suite of features such as terminal illness benefits, flexible payout options, joint life option, and more. In addition, it comes with built-in boosts at major life milestones.
It is ideal for anyone looking for a solid life insurance product that also offers flexibility and long-term financial planning.
Features and Benefits of the Super Protection Plan
Here are the key features and advantages of the IndiaFirst Life Super Protection Plan.
Return of Premium Option
With the ROP option of the term insurance plan, your premiums are refunded if you outlive the policy term.
Terminal Illness Benefit
One of the key benefits of the Super Protection Plan by IndiaFirst Life is the built-in terminal benefit. It ensures payout on diagnosis of terminal illness and allows you to claim financial support during critical times.
Flexible Payout Options
You can receive the death benefit as a lump sum or as a monthly income, as per your family’s needs.
Life Stage Benefit
If you feel the need, you can increase your sum assured at important milestones, such as marriage, childbirth, or home loan, without having to go through new medical underwriting.
Joint Life Option
You can cover your spouse under the same life insurance plan and enjoy combined protection.
Riders for Enhanced Cover
You can opt for additional riders, such as the Accidental Death Benefit and Total Permanent Disability, for extra security.
Loan Facility
You can avail loans against your term insurance policy once a surrender value is acquired.
Moreover, by opting for the IndiaFirst Life Super Protection Plan, you can enjoy tax benefits under prevailing laws for both premium paid and benefits received under Sections 80C and 10(10D) of the Income Tax Act, respectively. However, these benefits are subject to terms and conditions.**
How to Buy the Super Protection Plan?
Here's how you can proceed with the purchase of the IndiaFirst Life Super Protection Plan.
Step 1. Visit the IndiaFirst Life Website
You can explore the plan, understand its features, enter personal details, and get a quote based on your age and needs. You can also use the online term insurance calculator on the website to get an idea of the premium before you proceed.
Step 2. Pick Policy Term and Premium Payment Term
Depending on your life stage and financial readiness, choose your preferred policy duration and how long you want to pay premiums.
Step 3. Select Sum Assured
Choose a sum assured value that covers your family’s future expenses, liabilities, and lifestyle.
Step 4. Add Riders (Optional)
Give additional protection to your term insurance plan with riders, such as accidental death or disability cover.
Step 5. Submit Application
Fill out the proposal form and submit any additional information/documentation as required.
Step 6. Receive the Policy
Once approved, your policy will be issued, and you will receive all the relevant documentation.
You can also use the term insurance calculator available on the IndiaFirst Life website to estimate your premium and understand the benefits before purchasing.
To sum up, the IndiaFirst Super Protection Plan is a well-designed term insurance policy that adapts to your protection needs over time. With its benefits, payout flexibility, and riders, it stands out as a well-rounded product for comprehensive life cover.
Whether you are starting your career, planning a family, or preparing for retirement, IndiaFirst Life Super Protection Plan benefits ensure that your loved ones remain financially protected.
Disclaimer
Applicable taxes levied as per extant tax laws shall be deducted from the premium or from the allotted units as applicable. Taxes are subject to change from time to time. IndiaFirst Life Insurance Company Limited, IRDAI Regn No.143, CIN: U66010MH2008PLC183679, Address: 12th & 13th floor, North [C] Wing, Tower 4, Nesco IT Park, Nesco Center, Western Express Highway, Goregaon (East), Mumbai – 400 063. www.indiafirstlife.com, SMS to 5667735 SMS Charges apply. Toll free No – 1800 209 8700. Trade logo displayed above belongs to our promoter M/s Bank of Baroda is used by IndiaFirst Life Insurance Co. Ltd under License.
Customers 
Distributor 
Partner with Us 
Employee 
