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Indiafirst Life Smart Save vs Lic

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Indiafirst Life Smart Save vs Lic

Indiafirst Life Smart Save

Secure your future with the IndiaFirst Smart Save Plan: Invest smartly and watch your wealth grow. IndiaFirst Smart Save Plan is a unit-linked life insurance endowment plan. It helps you build wealth with market-linked returns and offers security with a life cover. With the Smart Save Plan, you can ...

Lic

Jeevan Akshay VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays an annuity or pension to the policyholder at the annuity age. The plan also allows joint life cover and provides annuity payments of a stated amount throughout the lifetime of the...

PLAN DETAILS

Indiafirst Life Smart Save


Lic

Premium Including GST
Key Features
(Key features of the plan)
  • Choice of Fund Options
  • Partial Withdrawal
  • Life Cover Protection
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Choice of Fund Options
  • Partial Withdrawal
  • Life Cover Protection
  • Annuity Options
  • Loan Facility
  • Guaranteed Annuity Rates
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - Whole life
Premium payment term 5,7 years -
Plan Entry Age Minimum Age - 5 years, Maximum Age - 65 years Minimum Age - 25 years Maximum Age - 100 years
Sum assured 125% of Single Premium Rs 1 lakhs to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 5 years, Maximum term - 70 years Minimum term - 5 years Maximum term - Whole life
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%

Know More About Plans

Secure your future with the IndiaFirst Smart Save Plan: Invest smartly and watch your wealth grow. IndiaFirst Smart Save Plan is a unit-linked life insurance endowment plan. It helps you build wealth with market-linked returns and offers security with a life cover. With the Smart Save Plan, you can choose from 4 different fund options as per your risk appetite.

You can easily make the most of your premiums by ‘redirecting your premium’ from one fund to another. The investment plan has a flexible premium payment option that allows you to pay premiums on a regular, limited, or single-pay basis. Once you survive throughout the policy term, you'll receive the accumulated fund value in a lump sum or monthly installments as per the chosen payout option.

IndiaFirst Smart Save Plan offers you a range of benefits including:

  • Flexible premium payment terms
  • 4 unit-linked fund options
  • Convenience of choosing your investment funds
  • Tax Benefits
  • Choice of maturity benefit payout

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