IndiaFirst Term Insurance Plans
IndiaFirst Term Insurance offers you multiple term insurance plans based on the features, benefits, and
eligibility criteria. Here are some of the term plans offered by IndiaFirst Term Insurance.
| Plan |
Entry Age |
Tenure |
Min. Sum Assured |
Unique Features |
|
IndiaFirst Guaranteed Protection Plan Plan
|
Minimum Age - 18 years Maximum Age - 65 years |
Annual, half-yearly, quarterly & monthly |
Rs 50 lakhs |
- 3 plan options to choose from
- Whole life cover
- Joint life option.
|
IndiaFirst Term Insurance is one of the most trustworthy and reliable insurer partners you can choose from. Here
are the reasons why you should choose IndiaFirst Term Insurance Plans:
Eligibility Criteria of IndiaFirst Term Insurance Plans
To purchase an IndiaFirst term insurance plan in 2025, certain eligibility criteria must be met. Let's understand the eligibility criteria in detail.
Age: A person between the ages of 18 and 65 is eligible to apply for a term life insurance plan. The policyholder’s age is a key factor in the term insurance plan’s premium.
Health condition: Since an IndiaFirst term insurance plan insures the policyholder’s life, most insurance providers require a policyholder to undergo a health examination to determine the current health condition and the inherent risks for the insurer. Be completely honest about your health condition and medical history to avoid issues during claim settlement.
Income: An IndiaFirst term insurance plan has no specified minimum income requirement. However, they might ask you for your bank statement copies and salary slips to determine the coverage on your term plan.
Smoking habits: If you smoke or have been a smoker in the past, you must disclose this information to the insurer. It is because smokers are exposed to severe health hazards like lung cancer.
Citizenship: Indian citizens can buy an IndiaFirst term insurance plan in India in their name. However, NRIs or PIOs can also leverage the benefits of a term insurance plan in India.
Additional Benefits Offered By IndiaFirst Term Plans
IndiaFirst Term Insurance Plans offer various additional benefits to the policyholders.
Choice of payout option
IndiaFirst term plans such as IndiaFirst Life Elite Term Plan offer you the opportunity to choose the payout option that best suits your needs.
Longer coverage options
IndiaFirst Term Plans offer you longer coverage options to choose from as per your requirements.
Flexible premium payment options
IndiaFirst Life Saral Jeevan Bima Plan offers you flexible premium payment options to choose from so that you can pay as per your needs.
Joint life option
IndiaFirst Life Guaranteed Protection Plus Plan offers you a joint-life option to cover you and your spouse under a single plan.
Types of IndiaFirst Term Plans
There are various IndiaFirst term plans based on their features, policy tenure, benefits, etc. You can choose the one that best suits your requirements.
Basic Term Plan
Plan Name: IndiaFirst Life Saral Jeevan Bima Plan
These plans only provide a sum assured to the nominee in case of the death of the policyholder. No survival benefits are included.
Term Insurance with Monthly Income
Plan Name: IndiaFirst Life Elite Term Plan
These plans offer monthly income to the policyholder’s dependents in case of the policyholder’s demise.
The claim settlement process for IndiaFirst Term Plans is simple and hassle-free. The insurance provider gives you the option of settling a claim both online and offline. We have explained the process by which you can easily submit & settle your claim below:
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