IndiaFirst Anytime Plan is a plan that provides protection to your family from any uncertainties of life. This is a non-participating, pure term insurance plan that ensures that your loved ones are protected even in your absence. This is an on your life.
The features of IndiaFirst Life Plan are as follows:
Payment Frequency | Minimum Premium Amount |
One-time payment | ₹10,000 |
Yearly | ₹2,000 |
Half-yearly | ₹1,024 |
Monthly | ₹174 |
Mr.Rohan is a non-smoker aged 26 years. He opts for Anytime Plan for a term of 30 years with Rs.1 crore sum assured. The regular pay for 30 years will be Rs.9,214 if he had opted for 35 years then his regular pay would’ve been Rs.13,147 and if he has opted for 40 years, his regular pay would be Rs.19,776.
In the event of his death, the nominee will get the sum assured. There is no maturity benefit under this plan.
GST of 18% is applicable on life insurance effective from the 1st of July, 2017
The policy term offered are 5 to 40 years.
Minimum premium offered is Rs.10,000 for one-time payment. Rs.2,000 for yearly payment, Rs.1,024 for half-yearly payment and Rs.174 for monthly payment.
The minimum life covered is Rs.10 lakh.
You can log in to the company website and buy this plan.
The minimum age to avail this plan is 18 years.
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