IndiaFirst Life Insurance FAQs

The primary advantage of a term insurance plan is that it covers you for large amounts for a low premium. It is an excellent way of providing financial security to your family in case you are not available to look after them.

Both these policies have their importance. If the term insurance offers higher coverage at low premiums, the endowment policy offers an attractive maturity benefit to the insured person if he/she survives the policy term. Besides, it offers life cover in the form of financial security to the family in the event of the policyholder’s untimely demise.

IndiaFirst Life Insurance investment plans enable the insured person to see the investment grow while enjoying the benefits of life coverage during the policy term.

Yes, IndiaFirst Life Insurance deducts a nominal administrative charge while refunding the premium amount paid by the policyholder.

Yes, the nominee can be a minor. Under such circumstances, the insured person names another person to receive the claim on behalf of the minor nominee.

IRDA guidelines stipulate a maximum period of 15 days for deciding on insurance claims. IndiaFirst Life Insurance honours many claims within one day, as well if the documents are in order.

IndiaFirst Life Insurance credits the claim amount to the nominee/claimant’s bank account.

Yes, in the case of health plans and other maturity plans, the policyholder can lodge the claims. The nominee can lodge the claim only on the death of the insured person.

IndiaFirst Life Insurance has 28 branches situated across India. Besides, it utilises the branch network of Union Bank of India and Bank of Baroda to reach out to its customers.

Yes, IndiaFirst Life Insurance offers its customers the facility to pay the premiums and renew insurance policies online.

IndiaFirst Life Insurance offers a customer-friendly claim procedure to ensure that the nominee/claimant gets the claim amount without any hassles.

Yes, IndiaFirst Life Insurance offers four online insurance plans.

Yes, IndiaFirst Life Insurance offers four online plans where customers can purchase insurance online.

Yes, choosing riders entails the payment of additional premium.

No, IndiaFirst Life Insurance riders are available along with other insurance plans.

IndiaFirst Life Insurance allows single payment, monthly, quarterly, half-yearly, and annual premium payment options.

Some of the key benefits of choosing IndiaFirst Life Insurance include high of CSR 96.65% in FY 2019-20, vast range of policies, affordable premium, tax benefits, quick claim settlement and much more.

Your age, gender, insurance cover, and policy term decides your IndiaFirst Life Insurance quote.

The method of obtaining the quote for your IndiaFirst Life Insurance rider is the same as it is for other plans.

Yes, you can get your IndiaFirst Life Insurance quote by email as you submit your email id to the company.

Seeking the IndiaFirst Life Insurance quote helps you determine the amount of premium you have to pay. It ensures that you make better decisions regarding purchasing your IndiaFirst Life Insurance policy.