Invest Wisely, Secure Tomorrow

ULIP – Unit-Linked Insurance Plan

Unit Linked Insurance Plans (ULIPs) blend investment with insurance, safeguarding your family's future while growing your wealth. ULIPs are tailored for financial security and investment growth, making them an ideal choice for savvy investors.

Market-Linked Returns
Life Cover
Flexible Fund Options
Wealth Accumulation
Risk Management
Partial Withdrawals
Tax Savings
Fund Switching

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Why do you need a ULIP?

Market-Linked Growth

Maximise returns with market-linked ULIP investments.

Life Insurance Cover

Secure your family's future with comprehensive life cover in ULIP.

Flexible Investment Options

Tailor your investments in a unit linked insurance plan as per your risk appetite.

Wealth Accumulation

Build substantial wealth with our best ULIP plans.

Loyalty Benefits

Rewarding long-term investment in ULIP insurance plans.

Automatic Fund Management

Smartly manage risk in your ULIP policy.

Partial Withdrawal Options

Access funds in emergencies with ULIP insurance.

Tax Benefits

Enjoy tax benefits on your premium and returns with the help of ULIP investments.

Fund Switching

Switch between multiple available funds in a ULIP plan to manage the market changes.

Premium Redirection

Manage premium allocation in your ULIP insurance policy.

Top-Up Facility

Enhance your ULIP investment plan with additional premiums.

Loan Availability

Get financial support in emergencies with loans against ULIP policy.

Settlement Options

Receive benefits in instalments from your ULIP plan.

Rider Add-Ons

Additional protection in your unit linked insurance plan.

Transparent Fees

Clear costs in your ULIP investment.

Performance Updates

Stay informed about your ULIP insurance policy with the help of our online services.

Legacy Planning

Secure your family's future with ULIP life insurance.

How Does ULIP work?

Dual Benefits: ULIPs combine life insurance coverage with investment opportunities.
Market-Linked Returns: Invest in a mix of equity and debt funds for potential high returns.
Flexible Investment Choices: Select from various fund options based on your risk appetite.
Life Cover: Provides financial security to your family in case of unforeseen events.
Maturity Benefits: Receive the fund value at policy maturity, including loyalty additions and bonuses.
Death Benefits: In case of demise, nominees receive the sum assured or fund value, whichever is higher.
Regular Savings: Encourages consistent saving habits with regular premium payments.
Fund Switching: Flexibility to switch between funds based on market performance.
Premium Redirection: Option to redirect future premiums to different funds.
Tax Benefits: Enjoy tax deductions under various sections of the Income Tax Act.
Long-Term Wealth Creation: Ideal for meeting long-term financial goals, like retirement or children's education.
Professional Fund Management: Expert fund managers handle investments for optimal growth.

How to buy a ULIP plan?

Step 1

Define Your Investment Goals

Decide on your investment amount and the financial gains you aim to achieve with a ULIP plan.

Step 2

Determine Premium & Policy Term

Calculate your ideal returns with the help of premium and policy term.

Step 3

Select Additional Benefits

Customise your plan with add-ons like critical illness cover or accidental death benefit to enhance your ULIP insurance policy.

Step 4

Complete Your Payment

Finalise your investment by making the payment. Your ULIP plan will be activated.

Why Choose IndiaFirst Life?

Making wealth and ensuring your family's financial safety is important. IndiaFirst Life ULIP Plans are designed to prioritise your goals. Here's why opting for our ULIP insurance plan is the right 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.

Key features of ULIP plan

The many features of ULIP (Unit Linked Insurance Plan) make it an ideal investment plan. Build a legacy with the market linked plan which provides returns along with a life cover. The features like multiple investment strategies, fund options and free switches make ULIP the best insurance plan.

Market-Linked Fund Options

Choose from 10+ different fund options to tailor your investment as per your financial goals.

Investment Strategies

Select from 6+ Investment strategies like Automatic Trigger Based, Fund Transfer, and Age Based to optimise returns.

Loyalty Benefits

Stay invested for long-term gains with loyalty benefits, enhancing your fund value.

Death Benefit

Ensures financial security for your loved ones with a death benefit in case of untimely demise.

Maturity Benefit

Receive the fund maturity value at the end of the policy term, including top-up fund value, if any.

Flexible Premium Payment

Options for single, monthly, quarterly, half yearly, and yearly payments to suit your financial capacity.

Premium Payment Term

Choose from various premium payment terms for flexibility and convenience.

Sum Assured Calculation

The sum assured of maximum 10X depends on the type of policy, offering flexibility in coverage.

Top-Up Premium

Enhance your investment with the option to pay additional top-up premiums.

Switching Options

Move between funds as per market conditions with unlimited free switches.

Partial Withdrawals

Access your funds after the lock-in period for financial emergencies.

Settlement Options

Choose to receive maturity payout in instalments or as a lump sum for added flexibility.

ULIP Plan FAQs

View All FAQ’s

ULIP Basics

Premium & Payment

Sum Assured & Investment

Lifestyle & Financial Goals

Tax Benefits

What is a ULIP?

Answer: A Unit Linked Insurance Plan (ULIP) combines investment and insurance, offering both financial growth and security.

Who should opt for a ULIP?

Answer: ULIPs are ideal for individuals seeking long-term investment opportunities along with life cover.

Can I change my premium amount in a ULIP?

Answer: Yes, most ULIPs offer flexibility to increase premium amounts during the policy tenure.

How is the premium determined in a ULIP?

Answer: Premiums are based on the sum assured, policy term, age, and chosen investment funds.

How is the sum assured calculated in ULIPs?

Answer: The sum assured is typically a multiple of the annual premium or the fund value, depending on the policy terms.

What investment options are available in ULIPs?

Answer: ULIPs offer a range of fund options, including equity, debt, and balanced funds.

Are ULIPs suitable for retirement planning?

Answer: Yes, with long-term investment horizons, ULIPs can be an effective tool for retirement planning.

How do ULIPs cater to different life stages?

Answer: ULIPs offer flexibility to choose investment options and cover based on changing life stages and financial goals.

Do ULIPs offer tax benefits?

Answer: Yes, ULIPs offer tax benefits under Section 80C on premiums paid and tax-free maturity under Section 10(10D).

Eligibility Criteria

Age

Investment

Policy & Premium

Age

Question: Age:
Answer: Minimum Age for Applying for a ULIP plan is 18 years
If you are buying a plan for your kid, the minimum age can be 90 days
Maximum Age for Applying Can vary, but often up to 65 years
ULIP policy matures when the policyholder is around 75 to 85 years
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Investment

Question: Investment
Answer: Minimum Investment Amount can be as low as Rs. 20,000/year
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Policy Premium

Question: Policy Premium
Answer: Premium Payment Term is between 5 Years - 70 Years
ULIPs offer varied policy terms, often ranging from 10 years to 70 years
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