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IndiaFirst Life Online Term Plan

What is the Plan all About?

You always want to assure protection for your family against any untoward event. IndiaFirst Life Online Term Plan is a pure term insurance plan that ensures the financial protection for your family, in case of your demise. Under this term plan, you will get the option to enhance the life cover at key life stages.

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Key Features

  • Affordable life cover up to 40 years
  • Nominee receives death benefit
  • Additional cover to boost protection
  • Tax benefits as per the tax laws

What are the Plan Benefits?

Death Benefit

    In case of the demise of the life insured during the policy term, the nominee is entitled to receive a Sum Assured amount as a monthly income that will help to meet the cost of living expenses for your loved ones.

Tax Benefit

    The premium payment under the plan is eligible for tax benefits under section 80C of the Income Tax Act and the policy proceeds are entitled to receive the tax benefits under section 10 (10D) of the Income Tax Act.

Is any Rider Available with this Plan?

You can choose additional cover for major critical illnesses (as listed under the plan) and accidental death & disability.

Is the Plan, eligible for Tax Benefit?

IndiaFirst Life Online Term Plan is eligible for Tax benefits as stated:

  • Premiums paid, qualify for tax benefits as per Section 80C of the Income Tax Act.
  • Death benefit(s) are entitled for tax benefits as per Section 10 (10D) of the Income Tax Act.

(Subject to the provision stated therein.)

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