IndiaFirst Life launches Guaranteed Protection Plan – Term insurance with 7 coverage options: Check benefits

IndiaFirst Life launches Guaranteed Protection Plan – Term insurance with 7 coverage options: Check benefits
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IndiaFirst Life launches Guaranteed Protection Plan – Term insurance with 7 coverage options: Check benefits

IndiaFirst Life launches Assured Safety Plan – Time period insurance coverage with 7 protection choices: Test advantages

Saral Jeevan Bima, Standard term life insurance plan, guidelines, features, premium, sum assured, irdaiThe regulator felt it essential to introduce an ordinary, particular person time period life insurance coverage product, with easy options and commonplace phrases and circumstances.

IndiaFirst Life Insurance coverage Firm has introduced the launch of IndiaFirst Life Assured Safety Plan. This non-linked, non-participating, time period insurance coverage coverage is designed to safe the certainties of life by promising a financially secured and fulfilled future.

IndiaFirst Life Assured Safety Plan is a complete product providing seven plan choices. One can choose any of the choices as per their requirement. This time period insurance coverage coverage has been particularly designed to supply the much-needed monetary assist in case of Unintentional Complete Everlasting Incapacity (ATPD), Important Sickness (CI), Demise and Unintentional Demise (ADB), Degenerative Illnesses or Terminal Sickness (TI) for the insured and their family members.

Moreover, the insured can select to obtain advantages of this coverage within the type of a lump sum or lumpsum & stage / growing earnings as per the chosen payout choice.

The plan offers flexibility to boost the life cowl with out extra underwriting on sure life stage occasions like Marriage, taking a Residence Mortgage or Delivery/ authorized adoption of a kid. With Life Plus choice, sum assured will increase on a yearly foundation to make sure you are adequately protected contemplating rising monetary wants because of inflation. People can also avail tax advantages, on the premiums paid and advantages obtained, as per prevailing Earnings Tax Legal guidelines.

IndiaFirst Life gives a diversified suite of 39 need-based (merchandise & riders) choices catering to various buyer segments, leveraging a number of distribution capabilities and augmenting numerous funding choices. The corporate providers its clients in over 98% pin-codes throughout the nation.

Key Highlights

• Tailor this time period insurance coverage plan to fit your security wants from seven totally different protection choices that present excessive life cowl at an inexpensive price

• Monetary safety towards demise because of COVID-19

• Cowl obtainable for entire life until the age of 99 years by paying premiums for under a brief length

• Monetary safety towards Unintentional Demise, Unintentional Complete Everlasting Incapacity or as much as 40 Important Diseases with Incidence Protection Choice

• Get 2-in-1 Advantage of Assured Retired Life Earnings & Life Cowl all through the coverage time period with Twin Defend Choice

• Refund of premiums on the finish of coverage time period via Return of Premium choice

• Waiver of Premium profit, to make sure coverage continuity in case of coated contingencies

• Choice to supply protection to your partner as effectively below a single coverage

• In-built Safety towards Terminal Sickness

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