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IndiaFirst Life Term Insurance Benefits

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Highlights
Claim Settlement Ratio96.81%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For11,887 Policies
Inception2009
Presence4,800 branches
Total Death Benefit PaidRs. 310.71 Crore

Benefits of IndiaFirst Life Term Insurance

A joint venture between Union Bank of India, Bank of Baroda and UK's Legal & General, IndiaFirst Life Insurance was founded in the year 2009. Headquartered in Mumbai, IndiaFirst Life believes in the 'Customer First' philosophy. In order to provide the best of benefits to its customers, IndiaFirst leaves no stone unturned in offering a vast range of insurance products that serve the purpose of one and all in an effective manner. Through its term, retirement, savings, child and other policies, IndiaFirst makes sure its customers have the best of experiences.

Why To Buy IndiaFirst Term Insurance?

IndiaFirst Life Insurance Term Insurance plans feature the following benefits.

  • High Coverage At Low Premiums: IndiaFirst Life Insurance offers term insurance at incredibly low premiums depending on the policy term and your age. The benefit is that it secures your family’s finances in the event of your untimely exit from this world.
  • Attractive Premium Payment Options: Policyholders get different options to pay their IndiaFirst Life Insurance term insurance premiums, like single payment, monthly and annual installments, etc.
  • Availability Of Excellent Riders: IndiaFirst Life Insurance offers three types of additional riders like ATPD, accidental death, and critical illness riders.
  • Return Of Premium: Though IndiaFirst Life Insurance does not offer maturity amounts on its term insurance plans, it provides the benefit of the return of all the premiums you have paid if you survive the policy term.

Term Life Insurance Premium Calculator

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Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

IndiaFirst Life Term Insurance Plan List

    Name of PlanSum Assured
    Guaranteed Protection Plan20 lac - 10 cr Get Quotes Now

    IndiaFirst Term Insurance User Reviews

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    What users are saying
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    • Different companies with diffe...

      One of the best features of InsuranceDekho is that you can find a list of insurance companies based on their c...

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      IndiaFirst
      By Nitya Sachdeva
      On: Mar 28, 2023
    • Premium calculation

        The InsuranceDekho website is quite easy to use. I found an online premium calculator tool on the port...

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      J
      IndiaFirst
      By Jasbir Bawa
      On: Mar 24, 2023
    • Easy renewal of the plan

        I bought the IndiaFirst Life Term Insurance Plan from the InsuranceDekho website, sometime back and vi...

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      R
      IndiaFirst
      By Ritika Joshi
      On: Mar 22, 2023
    • Easy plan comparison

        Comparing plans on the InsuranceDekho website is quick and easy. After comparing all the available pla...

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      IndiaFirst
      By Rajinder Singh
      On: Mar 17, 2023
    • Well managed website

      The InsuranceDekho website is very well managed which helped me look for various things with ease. I bought th...

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      IndiaFirst
      By Suraj Kumar
      On: Feb 15, 2023
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    • Tax benefit upto 1,50,000*
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    • 45 Lacs+ happy customers

    IndiaFirst Life Term Insurance Contact Details

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    Claim Process at IndiaFirst Life Term Insurance

    • 1

      Claim Intimation

      In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
    • 2

      Submission of Documents

      Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
    • 3

      Claim Evaluation

      Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
    • 4

      Claim Settlement

      If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

    FAQ About IndiaFirst Life Term Insurance

    • What is the maximum term insurance policy term offered by IndiaFirst Life Insurance?

      IndiaFirst Life Insurance offers a maximum policy term of 40 years in their IndiaFirst Life Plan.

    • Do the riders available in IndiaFirst Life Insurance come at a cost?

      Yes, the riders in IndiaFirst Life Insurance term insurance are optional. You have to pay an additional premium to avail the benefits.

    • Can you purchase the IndiaFirst Life Insurance term insurance plan online?

      Yes, two plans, IndiaFirst Life Guaranteed Protection Plan and IndiaFirst Online Term Plan, are available online.

    • What does the accidental death coverage rider in IndiaFirst Life Insurance term insurance provide?

      An additional payout is available in the case of unnatural death by accident during the policy term.

    • How does the IndiaFirst Life Insurance term insurance plan help during a critical illness?

      IndiaFirst Term Insurance offers a lump sum payout in the event of diagnosis of a critical illness.