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IndiaFirst Guaranteed Protection Term Insurance Benefits
Highlights
Claim Settlement Ratio | 96.81% |
Customer Care | 9:00 AM to 7:00 PM |
Death Benefit Paid For | 11,887 Policies |
Inception | 2009 |
Presence | 4,800 branches |
Total Death Benefit Paid | Rs. 310.71 Crore |
IndiaFirst Life Guaranteed Protection Plan Benefits
The benefits of IndiaFirst Life Guaranteed Protection Plan are as follows:
- Coverage Against Death/Terminal Illness - The policy not only provides death benefit, but also grants the policyholder with an inbuilt terminal illness coverage. The policy covers 40 critical illnesses and gives a lump sum amount payout on diagnosis.
- Protection Against Inflation - The policy also safeguards you against inflation under its Life Plus Option, where you can simply increase your life cover every year by 5% simple interest.
- Secured Retirement - The policy provides Survival benefit along with the life cover after attaining the retirement age.
- Return of Premium Option - Under this benefit, premiums paid by the policyholder are returned or refunded on survival till the end of the policy term.
- Accidental Death Cover - Under the policy, you can opt for additional benefit of Accidental Death Cover and receive an additional payout on death due to accident.
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
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IndiaFirst Life Term Insurance Contact Details
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IndiaFirst Life Term Insurance
1800-209-8700Mon to Sat 9:00 AM to 7:00 PM