§ A term insurance cover
for a maximum term of up to 30 years at a reasonable price
§ The customer can now get
the life insurance cover through IndiaFirst Life Insurance website
§ The family of the life
assured is financially secured, as they get a lump sum amount immediately, in
case of the an unfortunate death of the assured
§ The applicant can choose
a minimum life cover of Rs. 10,00,000 and a maximum cover of Rs. 49,00,000
§ Premium amount can be
paid in monthly, six monthly, yearly or lump sum as a single premium for the
whole term
§ Under Section 80C, the
policyholder you can enjoy tax benefits on the premium that is invested.
§ The life assured’s
family also gets a tax benefits on the amount they receive as a claim under
Section 10(10D)
Policy
Term options available under the above mentioned term insurance online plan
|
Regular premium
|
Single premium
|
|
5 to 30 years
|
5 to 30 years
|
Are
maturity benefits available under term insurance plan?
Since
IndiaFirst Anytime Plan is a pure term insurance plan, there are no maturity
benefits available under it.
Calculate
premium for IndiaFirst Anytime Plan
To
calculate premium for the term insurance plan, refer the chart given below:
The
term insurance premium is primarily dependent on age of the policyholder at the
time of application, the sum assured and the term of the plan. For example, for
a sum assured of Rs. 30 lakhs, a policyholder will have to pay the following
regular insurance premium
Premium
table for IndiaFirst Anytime Plan:
|
Age and Term
|
5
|
10
|
15
|
20
|
25
|
30
|
|
|
|
|
||||||||
|
|
|
|
|
|
|
|
||
|
30
|
|
3,472
|
3,472
|
3,675
|
4,012
|
4,416
|
4,888
|
|
|
|
|
|
|
|
|
|
|
|
|
35
|
|
4,180
|
4,416
|
4,922
|
5,630
|
6,338
|
7,045
|
|
|
|
|
|
|
|
|
|
|
|
|
40
|
|
5,832
|
6,405
|
7,416
|
8,529
|
9,675
|
10,787
|
|
|
|
|
|
|
|
|
|
|
|
|
45
|
|
8,461
|
9,843
|
11,495
|
13,214
|
15,001
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
50
|
|
13,517
|
15,574
|
18,068
|
20,832
|
-
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
55
|
|
20,562
|
23,967
|
28,147
|
-
|
-
|
-
|
|
|
|
|
|
|
|
|
|
|
|
