Ensure a certain & secure future for your loved ones!

Life Insurance Policy

IndiaFirst Life Insurance offers various types of life insurance plans to meet different goals of your life and to ensure your loved ones' protection. A life insurance policy need not be difficult to understand. At IndiaFirst Life, we take pride in creating life insurance solutions that are simple, affordable, and
effective.

Secure your loved ones
Build wealth
Plan for second inning of your life
Invest for your kid’s education
Get guaranteed income
Enjoy dual benefits of insurance

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Explore Our Life Insurance Plans

Products

IndiaFirst Life Plan

Product Name: IndiaFirst Life Plan
Product Description: Protect your family's future with IndiaFirst Life Plan – a plan that caters to your family's protection requirements and offers great benefits to keep your loved ones secure.
Product Benefits: Flexible Policy Term Options
Guaranteed Death Benefits
Choice to Customise Life Coverage
Tax Benefits
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Tax Saving

Products

IndiaFirst Life Guaranteed Protection Plus Plan

Product Name: IndiaFirst Life Guaranteed Protection Plus Plan
Product Description: Need a protection plan that is tailored especially for your needs? Look no further! This plan aims to give you and your family financial security in an easy and convenient way.
Product Benefits: Return of Premium Option
Affordable ₹1 Crore Cover
Flexible Payout Options
Lifetime Coverage Till 99 Years
Joint Life Benefit
Policy remains effective in your absence (WOP)
Critical Illness Cover
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Tax Saving

Products

IndiaFirst Life Radiance Smart Invest Plan

Product Name: IndiaFirst Life Radiance Smart Invest Plan
Product Description: Have you heard of a plan that not only gives you a life cover but also helps in wealth creation? Enjoy 2 benefits in 1 plan with
Product Benefits: Zero allocation charges
Give you a life cover
Covers death caused by accidents
Helps in investment optimization
Reduce risks
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Investment

Products

IndiaFirst Life Guaranteed Single Premium Plan

Product Name: IndiaFirst Life Guaranteed Single Premium Plan
Product Description: Wondering if there is a way to get 7x return on your investments? Your search ends here! With this single payment plan, you can achieve your financial goals.
Product Benefits: Guaranteed 7x returns on investment
One-time payment (Single Pay)
Tax saving benefits
Life Cover that is 1.25 times higher
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Guaranteed Returns

Products

IndiaFirst Money Balance Plan

Product Name: IndiaFirst Money Balance Plan
Product Description: Balanced growth, secured future: A unique unit-linked insurance plan balancing market investments and security.
Product Benefits: Automatic fund management for risk balance
Life cover with investment growth
Systematic switching between equity and debt
Tax-efficient ULIP investment
Liquidity through partial withdrawals
ULIP policy with a safety net
Ideal for conservative investors
Easy online policy management
Assured ULIP life insurance benefits
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Investment

Products

IndiaFirst Life Guarantee of Life Dreams Plan

Product Name: IndiaFirst Life Guarantee of Life Dreams Plan
Product Description: Wouldn't it be wonderful if we had a second source of income to support our dreams? Here is a way to make your dreams come true where you can start earning an income from the end of the 1st month itself.
Product Benefits: Choice of 3 income Options
Guaranteed Long-Term Income
Life Insurance Cover
Benefits of long-term Savings.
Protection even if you miss one premium.
Tax benefits
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Guaranteed Returns

Products

IndiaFirst Life Fortune Plus Plan

Product Name: IndiaFirst Life Fortune Plus Plan
Product Description: Start a personalized journey with this guaranteed savings life insurance plan that provides flexible premiums, guaranteed survival benefits, and cash bonuses (if declared) along with life insurance cover during the entire policy term of 15 or 20 years.
Product Benefits: Shorter pay commitment of 6,7,8,9 or 10 years.
Get Guaranteed survival benefit.
Accumulate benefits with interest.
Sum Assured, bonuses*, and interests at maturity.
Policy remains effective in your absence (WOP).
Flexible premium payments options.
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Savings

Products

IndiaFirst Smart Save Plan

Product Name: IndiaFirst Smart Save Plan
Product Description: Smart saving, smarter investing: Tailor your investments and insurance with this versatile ULIP insurance plan.
Product Benefits: Customisable investment strategies
Life cover with market-linked returns
Multiple fund options for diverse portfolios
Flexibility in premium payments
Top-up facility for additional investment
Tax benefits on premiums and returns
Easy switch between funds
Secure online policy management
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Investment

Products

IndiaFirst Life Mahajeevan Plus Plan

Product Name: IndiaFirst Life Mahajeevan Plus Plan
Product Description: Imagine security, savings and cash flow all bundled up to fit your unique financial needs.
Product Benefits: Life cover of up to 15 or 20 years
Periodic Cash backs
Flexible payment options
Uninterrupted Life Cover
Potential Bonus Earnings
Money Back Discounts with Early Premium Payments
Tax Benefits*
Added Protection with Riders
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Savings

Products

IndiaFirst Maha Jeevan Plan

Product Name: IndiaFirst Maha Jeevan Plan
Product Description: Enjoy a guaranteed maturity amount, annual bonuses^, flexible life insurance coverage options and potential terminal bonuses. Tailor your coverage to meet your family's financial needs.
Product Benefits: Flexible Payouts of 15-25 Years
Get guaranteed maturity benefit + bonuses (if declared)
Policy remains effective in your absence (WOP).
Flexible Premium Payment Options
Tax Benefits*
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Savings

Products

IndiaFirst Life Long Guaranteed Income Plan

Product Name: IndiaFirst Life Long Guaranteed Income Plan
Product Description: An endowment life insurance plan which guarantees regular income, making it an excellent guaranteed savings plan.
Product Benefits: Short-Term Payments, Long-Term Gains
Guaranteed Income to fulfill Financial Goals
Lifetime Income Till 99 years of age
Premium Payback Assurance
Continuous Life Cover without any interruption
Enhance with Optional Riders
Tax Benefits*
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Guaranteed Returns

Products

IndiaFirst Life Cash Back Plan

Product Name: IndiaFirst Life Cash Back Plan
Product Description: A plan that offers guaranteed payouts at regular intervals to meet your specific financial needs.
Product Benefits: Pay for shorter period, enjoy long term benefit
Get Periodic Payouts
You can stay invested for 9, 12, or 15 years
Guaranteed Payouts at regular intervals
Receive Guaranteed Additions# after completion of every policy year!
Comprehensive Risk Cover
Tax Benefits*
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Savings

Products

IndiaFirst Simple Benefit Plan

Product Name: IndiaFirst Simple Benefit Plan
Product Description: Introducing a non-linked endowment life insurance plan offering life cover, assured savings, and bonuses on specific events.
Product Benefits: Flexible Policy Term
Instant Policy Issuance
Comprehensive Death Benefit
Guaranteed Maturity Payout
Tax Benefits*
Receive reversionary & terminal bonus (if declared)
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Savings

Products

IndiaFirst Life Guaranteed Monthly Income Plan

Product Name: IndiaFirst Life Guaranteed Monthly Income Plan
Product Description: A non-linked, participating, limited premium, life insurance plan which offers guaranteed monthly income and life cover – an ideal blend for your family's security and prosperity.
Product Benefits: Guaranteed Monthly income
Choose Policy term between 16 to 27 years.
Flexible Premium Payment Options
Stand to Receive from 105% to 125% of your premiums Annually
Comprehensive Death Benefit
Tax Benefits*
Receive Simple Reversionary Bonus & Terminal Bonus (if declared)
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Guaranteed Returns

Products

IndiaFirst Life Micro Bachat Plan

Product Name: IndiaFirst Life Micro Bachat Plan
Product Description: Save smartly for your future goals with just 5 years of premiums. Get covered for up to 10 or 15 years, ensuring peace of mind for your loved ones.
Product Benefits: 5-year premiums for long-term goals
Life cover for an entire year even if one premium is missed
Annual bonuses for boosting savings
Accidental Death Benefit option
Payouts in a lump sum or instalments over 5 years for death benefit
Tax benefits on premiums and maturity amount as per prevailing tax laws
Waiver of Premium Rider option
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Micro Insurance

Products

IndiaFirst Life Saral Bachat Bima Plan

Product Name: IndiaFirst Life Saral Bachat Bima Plan
Product Description: A comprehensive savings plan for your family's financial security with guaranteed benefits, shorter payment terms & life cover.
Product Benefits: Long-Term Protection
Shorter Pay Commitment of 5 or 7 years.
Yearly Guaranteed Additions
Flexible Death Benefits
Receive Additional Sum Assured on Accidental Death
Policy Remains Effective in Your Absence (WOP)
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Group Insurance

Products

IndiaFirst Life Guaranteed Benefit Plan

Product Name: IndiaFirst Life Guaranteed Benefit Plan
Product Description: A non-linked, limited premium endowment policy with 5/ 6/ 7-year commitment, providing savings, protection, and flexible options to suit your needs.
Product Benefits: Choose Income or Lumpsum Benefit
Customize your plan
Limited Premium Payment Period
Continuous Life Cover
Waiver of Premium Rider
Tax Benefits*
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Guaranteed Returns

Products

IndiaFirst Life Smart Pay Plan

Product Name: IndiaFirst Life Smart Pay Plan
Product Description: A smart solution designed to offer money-back plan with shorter pay commitments, liquidity, and life cover.
Product Benefits: Shorter Premium Payment Period
Uninterrupted Life Cover
Get 103% of one annual premium as Survival Benefit
Get Sum Assured at Maturity + bonuses (if declared)
Policy remains effective in your absence (WOP)
Tax Benefits*
Porduct Detail Page URL: Get Quote
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Savings

Products

IndiaFirst Life Micro Insurance Khata Plan

Product Name: IndiaFirst Life Micro Insurance Khata Plan
Product Description: A simple, secure, micro-life insurance and endowment plan. This savings plan protects your family's needs in case of emergencies, while also ensuring returns on your investment.
Product Benefits: Simple and easy to purchase policy
Family financial protection
Guaranteed benefit on maturity
Flexible coverage options
Increase coverage with additional premiums
Assured benefit clarity right at the inception
Tax benefits on premium and maturity amount
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Micro Insurance

Products

IndiaFirst Life POS Cashback Plan

Product Name: IndiaFirst Life POS Cashback Plan
Product Description: Plan offers you the best of both worlds: Regular Cashback to enjoy your present and a Guaranteed Maturity Payout to plan your future.
Product Benefits: Family security
Regular payouts
Limited premium
Tax benefits
Flexible term options
High risk cover
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Savings

Products

IndiaFirst CSC Shubhlabh Plan

Product Name: IndiaFirst CSC Shubhlabh Plan
Product Description: Enjoy the convenience of smaller savings with IndiaFirst CSC Shubhlabh Plan, a low premium insurance plan that protects your family from life’s uncertainties while growing your investment year on year.
Product Benefits: Hassle-free enrollment
Guaranteed extra returns @ 4% p.a. for first 5 years
Easy access to funds after 5 years
Build wealth & get life cover.
Flexible premium payments options.
Tax benefits*
Product Buy Now URL and CTA Text: Learn More
Dropdown Field: Savings

Different Types of Life Insurance Policies

Participating (par)

These policies usually have a minimum guaranteed amount that is payable upon death or maturity in addition to the bonuses declared from time to time. The bonuses once declared, accrue to the policy and are guaranteed.

Non-participating (non-par)

These products are also known as term plans, a pure protection plan provides life coverage, spanning 99 to 100 years, for the policy's duration in exchange for a premium to be paid every year.

Non-participating Savings

The are the products that offer benefits that are guaranteed in absolute terms at the beginning of the policy, thereby transferring the risk of guarantees and returns to the insurance company.

Unit Linked Insurance Plans (ULIP)

It offers a combination of investment and protection where customers have the flexibility to decide the asset classes in which their contributions are invested, depending on their risk appetite.

Why do I need Life Insurance Plans?

One of the fundamental reasons to buy life insurance is to ensure that your family members have financial support in case of your demise.
Irrespective of their age, your children will always be your responsibility. Life insurance investment & savings plans help you save for your child’s future.
With the right types of life insurance plans, you can ensure that a second stream of income is created to replace your professional income after retirement.
Different types of life insurance plans are connected to different investment instruments that help you achieve your investment and insurance goals.
Life insurance plans provide death benefits or life cover to take care of the debt or liabilities in case something happens to you.
Plans that offer life insurance with cash back provide periodic payments which can be used to meet financial contingencies.
You get to enjoy the tax benefits on the premium paid and on sum assured under Section 80C and 10(10) D of the Income Tax Act, 1961

How to buy a Life Insurance Plan?

Step 1

Basic details

Share your basic details like name, dob, mobile number, gender, person for whom you want to buy the policy, email id etc.

Step 2

Additional Details

Share life cover, investment, or annuity details as per your goal.

Step 3

Get Quote

Quickly generate a quote to calculate your premium or returns.

Step 4

Payment details

You can choose from our online plans and make the payment on the website, or our sales expert will reach out to you to explain the details further.

Step 5

Pay Premium to Activate Cover

Finalize your plan, complete details, pay online, and submit documents for instant activation.

Why Choose IndiaFirst Life Insurance Plans?

Our online buying processes, easy payment methods, comprehensive product information, and sales team that helps you choose the best life insurance plans make us your best choice.

Trusted by 1.6 Crore+ Customers for their life insurance policy

Promoted by Bank of Baroda

High Claim Settlement Ratio of 98.04%

Seamless Online and Offline Experience

100% Genuine Claims are Settled in 1 day.

Life Insurance FAQs

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Basics
Premium & Sum Assured
Policy

What are the life insurance terms you should know?

Answer: In order to understand life insurance policy details and buy life insurance, there are a few basic life insurance terms you should know.

Policy holder – When you buy life insurance and make periodic life insurance premium payments, you become a life insurance policy holder. While you own the policy, the life assured within the life insurance cover could be someone else.
Life assured – The insured person who has life cover as mentioned in the life insurance policy details.
Life insurance premium – The amount you pay to buy life insurance and keep the policy active.
Sum assured – The guaranteed sum of money that your nominees/beneficiaries will receive in case of the life insurance policy holder's demise.
Death benefit – This is the amount paid to the nominee if the policy holder dies during the policy term. The death benefit and the sum assured are not the same—the death benefit is likely to be higher than the sum assured as it includes rider benefits and bonuses (if any).
Survival/maturity benefit – A survival benefit is paid to the policy holder upon completing a pre-determined amount of life policy tenure. In contrast, a maturity benefit is paid when the insured outlasts the life insurance policy term. Pure protection or term life insurance plans do not offer either benefit.
Riders – Riders are additional features that can be added to life insurance plans for a fee to expand the scope of the basic life cover policy. Typical life insurance rider options include accidental death benefit rider, accidental total and permanent disability benefit, critical illness cover, and waiver of life insurance premium rider

What are the tax benefits of life insurance plans?

Answer: Life insurance plans are tax-efficient instruments.

Tax Benefits On Life Insurance Premium Amounts
Under provisions of the IT Act – Section 80C, you can claim a tax deduction of up to Rs. 1.5 lakhs on premiums paid for life insurance of India. Pension life insurance cover premiums are eligible for deductions under Section 80CCC. A maximum deduction of Rs. 25,000 is allowed under Section 80D for health insurance plans.
Tax Benefits On Life Insurance Cover Claims
One of the best benefits of life insurance plans is that the claims received are tax-free under Section 10(10D).
Commuted Pension Tax Benefits
Under Section 10(10A) of the IT Act, 1/3rd of the sum withdrawn as cash from deferred annuity life insurance policy plans is called commuted pension and is tax-free.

How Much Life Insurance Cover Do You Need?

Answer: Analyze your financial situation—income, liabilities, and future responsibilities before you buy life insurance. Calculate the life insurance cover you need based on your current income, potential growth prospects in terms of salary, current living standards and expenses, projected future living costs, inflation, financial liabilities such as loans, and responsibilities such as children's education and marriage.

What are the factors affecting the life insurance premium?

Answer: The life insurance premium you pay depends on several factors, such as:

Age – The earlier you buy life insurance online or offline, the lower the life insurance premium will be.
Gender – Women tend to live longer than men and are typically offered lower life insurance premium rates.
Medical history – Even with no medical life insurance policies, you are required to disclose past medical history and family history of illnesses as it impacts your life insurance premium.
Smoking habit – Smokers have a higher mortality rate and tend to contract more illnesses than non-smokers. Life insurance premium amounts reflect risk, so smokers tend to pay a higher life insurance premium.
Insurer – Choose a transparent and reliable company offering life insurance plans in India to ensure that you get the most competitive rates

What are the benefits of buying a life insurance plan online vs. Offline?

Answer: Buying online life insurance offers many advantages. If you buy life insurance online, you are purchasing directly without paying commission to intermediaries. You can make an informed choice by checking online life insurance policy reviews, comparing types of life insurance policy options, and the benefits of life insurance plans. You get access to online services and 24x7 customer support when you buy online life insurance policy plans. As compared to offline purchasing, you can buy life insurance online quickly, easily, and in a paperless manner.

What Are the Options Available In Indiafirst For Life Insurance Plans?

Answer: IndiaFirst Life Insurance provides different types of life insurance policy options, including whole life assurance policy, permanent life insurance plans, pure protection life cover, and life insurance investment plans. The primary categories or types of life insurance plans offered by IndiaFirst Life include:

ULIP - IndiaFirst Life Wealth Maximizer Plan, IndiaFirst Money Balance Plan, IndiaFirst Life Radiance Smart Invest Plan
Non-participating savings - IndiaFirst Life Guaranteed Benefit Plan, IndiaFirst Life Cash Back Plan, IndiaFirst Life Long Guaranteed Income Plan, IndiaFirst Life Saral Bachat Bima Plan, IndiaFirst Life e-Term Plus Plan, IndiaFirst Life Guaranteed Pension Plan, IndiaFirst Life ‘Insurance Khata’ Plan, IndiaFirst Life Guaranteed Annuity Plan
Participating - IndiaFirst Life Mahajeevan Plus Plan, IndiaFirst Life Micro Bachat Plan, IndiaFirst Life Little Champ Plan, IndiaFirst Life Guaranteed Monthly Income Plan
Non-participating protection - IndiaFirst Life Guaranteed Protection Plan
Riders - IndiaFirst Life Waiver of Premium Rider, IndiaFirst Term Rider