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IndiaFirst Guaranteed Protection Term Insurance Eligibility

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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

IndiaFirst Life Guaranteed Protection Plan Features

The key features under IndiaFirst Life Guaranteed Protection Plan comprise:

  • Ultimate Financial Protection: The policy provides the family of the life insured with the ultimate financial protection they may require on the death of the sole breadwinner in their house.
  • Multiple Cover Options: The policy comes in seven different plan options so as to cater to the diverse insurance requirements of policyholders. The 7 plan options are Life Option, Life Plus Option, Incidence Coverage Option, Dual Protection Option, COVID Cover, Return of Premium Option, and Long Term Care Option.
  • Flexible Payouts: A policyholder is allowed to receive the death benefit payout as per their choice. The death benefit can either be received as a lump sum amount or in the form of a monthly income according to the coverage option chosen.
  • Added Protection: The policy comes with the freedom to enhance the protection level by opting for additional riders.
  • Tax Benefits: The policy provides tax benefits in adherence to the Income Tax Act, 1961.

IndiaFirst Life Guaranteed Protection Plan Eligibility Criteria

The eligibility criteria for IndiaFirst Life Guaranteed Protection Plan is as follows:

ELIGIBILITY

CRITERIA

Entry age

Minimum: 18 years

Maximum: 65 years

Maximum Age at Maturity

70 years

Policy Term

1 month to 81 years

Sum Assured

Minimum - Rs. 1 Lakh

Maximum - Subject to board approved underwriting policy

Premium Payment Term

Single premium or limited premium

Premium Payment Modes

Yearly, Half-Yearly, Quarterly, Monthly, Single

Key Inclusions and Exclusions of the Plan

What's Included

  • Death benefit
  • Terminal illness cover
  • Multiple plan options
  • Accidental death cover (additional)
  • Tax benefits

What's Not Included

  • Suicide or terminal illness within 12 months
  • War, terrorism, invasion, etc.
  • Committing a criminal offence
  • Participating in adventurous activity
  • Nuclear contamination

IndiaFirst Guaranteed Protection Plan Brochure

  • 405.72 KB
  • PDF Document
  • Sep 08, 2021

Guaranteed Protection Plan Reviews

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What users are saying
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  • Renewing my IndiaFirst Term Insurance- Guaranteed Protection Plan with InsuranceDekho was a breeze. They sent ...

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    S
    By Sejal Suri
    On: Sep 27, 2023
  • I was pleasantly surprised by how affordable InsuranceDekho's IndiaFirst Term Insurance- Guaranteed Protection...

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    S
    By Shweta Iyengar
    On: Sep 13, 2023
  • Thanks to InsuranceDekho, I found the IndiaFirst Term Insurance- Guaranteed Protection Plan that provides robu...

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    T
    By Tapas Jain
    On: Sep 05, 2023
  • I purchased IndiaFirst Term Insurance- Guaranteed Protection Plan for my family. I was having some queries reg...

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    R
    By Radha Hora
    On: Sep 01, 2023
  • At InsuranceDekho I found some of the best term insurance plans. InsuranceDekho offers some best term plans of...

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    P
    By Pritush Ghosh
    On: Aug 23, 2023

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