IndiaFirst Life Money Balance Plan

Overview

IndiaFirst Life Money Balance Plan offers an investment plan with dual benefits: a life cover to protect your family financially and market-linked returns on your invested amount.

Benefits of IndiaFirst Life Money Balance Plan

• Flexibility of partial withdrawal
• Expert-led investment strategy
• Investment diversification
• Easy fund accessibility
• Wealth creation

How to Buy IndiaFirst Life Money Balance Plan on PolicyX.com

1. Visit the official website of PolicyX.com.
2. Hover over the 'Life Insurance' tab.
3. Choose the Investment plan you want to buy.
4. Fill out the form at the top of the page with the necessary details.
5. Select your income and city. Click on 'Proceed'.
6. Update your education and occupation details.
7. Choose your preferred plan and click on 'Buy this plan'.
8. Select the policy term, premium period, investment amount, and riders (if required), then proceed to pay.

Key Features

Life Insurance + Investment in One Plan

Get life cover while investing in market-linked funds, helping you build wealth and protect your family at the same time.

Automatic Trigger-Based Investment Strategy

When gains in the equity fund cross a specified level (10%), the excess amount is automatically shifted to a debt fund to help lock in profits and reduce market risk.

Flexible Premium Payment Options

Choose between Regular Pay, Limited Pay, or Single Pay based on your financial goals and cash flow.

Partial Withdrawal Facility

You can make partial withdrawals after the lock-in period, giving access to funds during emergencies or major life events.

Plan Details

Partial Withdrawals

This plan offers the facility of partial withdrawals after the end of the lock-in period in case of any emergency or financial requirements.

Switching

This plan allows you to switch between funds. You can switch twice in a month, and there are no applicable charges. You cannot carry forward your switches.

Grace Period

The Money Balance Plan offers a grace period of 15 days for monthly payments and 30 days for quarterly, half-yearly, and yearly payments to pay your missed premiums without heavy charges.

Free-Look Period

The Money Balance Plan offers a 15-day free-look period to policyholders to check terms and conditions. Policyholders can also cancel their policy within the free-look period.

How to Buy IndiaFirst Life Money Balance Plan on IndiaFirst Life Insurance Website

1. Visit the official website of IndiaFirst Life Insurance.
2. Hover over 'Life Insurance Plans' from the top menu.
3. Click on the IndiaFirst Life Money Balance Plan.
4. Click on ‘Buy Now’ to be redirected to a new page.
5. Enter your name and contact information. A representative will reach out to discuss quotes.
6. Once discussed, you can make the premium payment and receive the policy documents.

Exclusions

• Suicide within 12 months of the policy purchase is not covered.
• Consumption of any intoxicants.
• Death due to any aviation accident.
• Death due to any adventurous sports.

Documents Required to Buy IndiaFirst Life Money Balance Plan

Here is the list of documents required to buy the IndiaFirst Life Money Balance Plan:

• Photo ID Proof
• Age Proof
• Address Proof
• Medical Records
• Income Proof

Photo ID Proof

Photo ID Proof (any one) - Passport, Aadhaar card, PAN card, Driving license.

Age Proof

Age Proof (any one) - Passport, Aadhaar card, PAN card, Driving license.

Address Proof

Address Proof (any one) - Utility bill, passport, voter ID, ration card.

Medical Records

Medical Records of the policyholder if requested.

Income Proof

Income Proof (any one) - Bank statement, last three months' salary slips (if salaried).

Plan At a Glance

In a Nutshell

The IndiaFirst Life Money Balance Plan helps you create wealth over time while providing financial protection for your dependents. This plan offers a range of benefits, including wealth creation, market-linked returns, life cover, flexible premium payments, and fund switching. If you are still unsure whether this plan is right for you, contact PolicyX.com. One of our representatives will reach out to you shortly, understand your requirements, and help you choose the right plan.