IndiaFirst Life Term Insurance Benefits
|Claim Settlement Ratio||96.81%|
|Customer Care||9:00 AM to 7:00 PM|
|Death Benefit Paid For||11,887 Policies|
|Total Death Benefit Paid||Rs. 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.
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IndiaFirst Life Term Insurance Plan List
|Name of Plan||Sum Assured|
|Guaranteed Protection Plan||20 lac - 10 cr||Get Quotes Now|
IndiaFirst Term Insurance User Reviews
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Why to Buy Term Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 45 Lacs+ happy customers
IndiaFirst Life Term Insurance Contact Details
Insurance Dekho755 1196 989Mon to Sun 10:00 AM to 7:00 PM
IndiaFirst Life Term Insurance1800-209-8700Mon to Sat 9:00 AM to 7:00 PM
Claim Process at IndiaFirst Life Term Insurance
Claim IntimationIn the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
Submission of DocumentsClaim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
Claim EvaluationOnce the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
Claim SettlementIf 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.