IndiaFirst Life Insurance Company has announced to launch of the IndiaFirst Life Guaranteed Protection Plan. The company services its customers in over 98% of pin-codes across nationwide.
The IndiaFirst Life Insurance Company offers 7 plan options under the IndiaFirst Life Guaranteed Protection Plan, and an individual can select any of the options as per their requirement.
This term insurance policy has been designed to provide the financial support to the insured and their loved ones for future uncertainties such as Accidental Total Permanent Disability (ATPD), Critical Illness (CI), Death and Accidental Death (ADB), Degenerative Diseases or Terminal Illness (TI).
In also addition, the insured person can choose to receive benefits of this policy in the form of a lump sum or lump sum & level / increasing income as per the chosen payout option.
The plan provides flexibility to enhance the life cover without additional underwriting on certain life stage events such as Marriage, taking a Home Loan, or Birth/ legal adoption of a child.
Protection due to inflation
Under the policy with the Life Plus option, the sum assured increases on a yearly basis to ensure that you are adequately protected considering rising financial needs due to inflation.
An insured may also avail tax benefits, on the premiums paid and benefits received under the Income Tax Laws.
The Cover available for the whole life until the age of 99 years by paying premiums policy for only a short duration.
The policy offers financial protection against death due to COVID-19.
The policy offers financial protection against Accidental Death, Accidental Total Permanent Disability, or up to 40 Critical Illnesses with Incidence Coverage Option.
Under the policy insured get 2-in-1 Benefit of Guaranteed Retired Life Income & Life Cover throughout the policy term with Dual Protect Option.