Indiafirst Life
vs
Icici Prudential Investment

  • Top life insurers to choose from
  • Multiple sum assured options
  • Choice of premium-payment term
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Indiafirst Life vs Icici Prudential Investment

Indiafirst Life

India First Insurance Company offers several products that are designed to cater to the various needs of every individual and also provides various investment products.

Icici Prudential Investment

ICICI Prudential Investment Plans help an individual to build a financial corpus for a child& 039;s marriage or schooling, or for retirement. ICICI Investment Plans help people to invest in plans that give larger returns and allow them to secure their future.

COMPANY DETAILS Edit Indiafirst Life Insurance

Indiafirst Life

Edit ICICI Prudential Investment Plans

Icici Prudential Investment

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

₹ 754.37 cr

Annual Premiums Collected (2023-24)

000 to No limit
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

-
Claim ratio

Claim ratio

97.04%

Claim ratio

Minimum Age - 5 year%
Solvency Ratio

Solvency Ratio

2

Solvency Ratio

80 years
Branches

Branches

120+

Branches

Annual, half-yearly,
Riders Available

Riders Available

Term Insurance Rider

Riders Available

Minimum term - 6 years Maximum term - 30 years
Policy Term

Policy Term

5 to 40 years

Policy Term

5 to 12 years

Know More About Companies

Overview

IndiaFirst Life Insurance

IndiaFirst Life Insurance Company Limited is one of India's fastest-growing private life insurers, with a share capital of ₹754.37 crores. Since its establishment in 2009, IndiaFirst has been catering to customers' protection, savings, and retirement needs with its pocket-friendly and easy-to-understand products. IndiaFirst Life Insurance holds an impressive Claim Settlement Ratio of 97.04% as of March 31, FY 2022-23. The insurer's shareholders are the Bank of Baroda, Union Bank of India, and Carmel Point Investments India Private Limited. As of 1st April 2024, the insurer offered 29 life insurance products and 6 riders under the following categories: Participating, Non-Participating, Savings, Protection, ULIPs, Group Protection, and Corporate Funds plans. IndiaFirst has been rewarded with plenty of awards & accolades throughout its journey. For instance, in the Fest Leadership Awards 2023, they were awarded Best Customer-centric Company and the Economic Times's Best Brands in 2021.

Indiafirst Life Insurance Company ensures to look after your insurance needs by offering:

why-choose
  • Customer-centric plans

  • Pocket-friendly premiums

  • Tailor-made plans for every customer

  • online available plans

 

Riders

Riders You Can Avail With IndiaFirst Life Insurance Plans

Name of the rider Benefits
IndiaFirst Term Rider  This rider enhances your life cover with extra coverage at affordable prices. In case of the policyholder’s demise during the policy tenure, additional benefits are paid to their nominee.

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ICICI Prudential Investment Plans help an individual to build a financial corpus for a child& 039;s marriage or schooling, or for retirement. ICICI Investment Plans help people to invest in plans that give larger returns and allow them to secure their future.

Investment Plan Plans

Investment Plan

Achieve your life goals with ICICI Pru Guaranteed Income for Tomorrow – secure savings, guaranteed returns, and financial security. ICICI Pru Gu...

Unique Features

  • Discount on Sum Assured
  • Guaranteed Additions
  • 2 Rider Benefits

ICICI Guaranteed Income for Tomorrow (Pros)

ICICI Guaranteed Income for Tomorrow
  • Loan Benefit
  • Tax Benefits
  • Maturity Benefit

ICICI Guaranteed Income for Tomorrow (Cons)

ICICI Guaranteed Income for Tomorrow
  • No pre-existing condition
  • Suicidal exclusion
  • No drug consumption

ICICI Guaranteed Income for Tomorrow (Other Benefits)

ICICI Guaranteed Income for Tomorrow
  • 4 Plan options
  • Death benefit
  • Surrender value

ICICI Guaranteed Income for Tomorrow (Eligibility Criteria)

ICICI Guaranteed Income for Tomorrow
  • Minimum entry age- 18 year
  • Maximum entry age- 60 years
  • Minimum sum assured- NA
  • Maximum sum assured- NA
  • Maximum policy term- 20 years

Investment Plan

ICICI Pru Cash Advantage is a non-linked individual life insurance savings plan. It offers comprehensive benefits of savings and protection in the sam...

Unique Features

  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan

ICICI Pru Cash Advantage (Pros)

ICICI Pru Cash Advantage
  • Loan Benefit
  • Tax Benefits
  • Maturity Benefit

ICICI Pru Cash Advantage (Cons)

ICICI Pru Cash Advantage
  • No pre-existing condition
  • Suicidal exclusion
  • Death due to aviation accident

ICICI Pru Cash Advantage (Other Benefits)

ICICI Pru Cash Advantage
  • Flexible Premium Payment
  • Death benefit
  • Surrender value

ICICI Pru Cash Advantage (Eligibility Criteria)

ICICI Pru Cash Advantage
  • Minimum entry age- 1 year
  • Maximum entry age- 60 years
  • Minimum sum assured- 7 times available SA
  • Maximum sum assured- 10 times available SA
  • Maximum policy term- 20 years

Investment Plan

‘ A combination of savings and protection plan’. ICICI Pru Savings Suraksha is a financial plan that helps you save for future financial g...

Unique Features

  • Guaranteed additions
  • Multiple premium options
  • Additional bonuses

ICICI Prudential Savings Suraksha (Pros)

ICICI Prudential Savings Suraksha
  • Death benefits
  • Surrender benefits
  • Maturity benefits on survival

ICICI Prudential Savings Suraksha (Cons)

ICICI Prudential Savings Suraksha
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Prudential Savings Suraksha (Other Benefits)

ICICI Prudential Savings Suraksha
  • Revisionary bonus
  • Terminal bonus
  • Free-look period

ICICI Prudential Savings Suraksha (Eligibility Criteria)

ICICI Prudential Savings Suraksha
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured - 7 times annualized premiums
  • Maximum sum assured - 10 times annualized premiums
  • Maximum policy term- 30 years

Investment Plan

‘Save smartly with ICICI Pru Assured Savings get guaranteed returns and life cover’. There's no harm in saving some money for the future. ...

Unique Features

  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)

ICICI Assured Savings (Pros)

ICICI Assured Savings
  • Special Surrender Value
  • Guaranteed Benefits
  • Tax Benefits

ICICI Assured Savings (Cons)

ICICI Assured Savings
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Assured Savings (Other Benefits)

ICICI Assured Savings
  • Flexible premium payment
  • Loan benefit
  • Death benefit

ICICI Assured Savings (Eligibility Criteria)

ICICI Assured Savings
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured - 84
  • 000
  • Maximum sum assured - 4 Lakhs
  • Maximum policy term- 20 years

Investment Plan

Build wealth, secure dreams: ICICI Prudential Future Perfect Plan for a brighter future. Savings alone won't make your dreams come true; you need to g...

Unique Features

  • Guaranteed Additions
  • Flexible PPT
  • Cash Bonuses

ICICI Prudential Future Perfect (Pros)

ICICI Prudential Future Perfect
  • Guaranteed Surrender Value
  • Revive Policy
  • Tax Benefits

ICICI Prudential Future Perfect (Cons)

ICICI Prudential Future Perfect
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Prudential Future Perfect (Other Benefits)

ICICI Prudential Future Perfect
  • Revisionary Bonus
  • Loan benefit
  • Death benefit

ICICI Prudential Future Perfect (Eligibility Criteria)

ICICI Prudential Future Perfect
  • Minimum entry age- 91 Days
  • Maximum entry age- 58 years
  • Minimum sum assured - 84
  • 000
  • Maximum sum assured - 4 Lakhs
  • Maximum policy term- 25 years
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.