I selected from a range of available plans
There are a variety of term plans available on the InsuranceDekho website and thus I was not sure which one to buy. After performing a detailed comparison, I eventually bought the IndiaFirst Guaranteed Protection plan from InsuranceDekho.
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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.