As a parent or a spouse, one wants to give nothing but the best to the beloved family. Be it the child’s education or any dream. One will not allow anything to come in the way of the success of near and dear ones.
To help give the loved ones everything that one can dream of, a new plan – IndiaFirst Young India Plan – has been launched by IndiaFirst.
Key features
• Your child or loved one will receive funds at every momentous occasion in his/ her life as planned by you – be it high school/ college/ professional course and any other life events!
• You have an insurance plan on your life which ensures that your loved one receives a lump sum amount (sum assured) in case any unfortunate event results in the life assured’s death.
• Your family gets additional financial security even if any unfortunate event results in the life assured’s death/ disability. We will do this by paying the remaining premiums into the plan or directly to you.
• You can opt for the beneficiary to receive the fund value at maturity even if the sum assured has been paid out, in the unfortunate event of the life assured’s demise.
• You have the option to invest in 5 funds across asset classes, where you choose the proportion of your investment into each.
• You can make the most of your investments by ‘switching’ from one fund to another. You get easy access to your money by being able to withdraw partially.
• Under Section 80C and 10(10) D you can enjoy tax benefits on the premium you invest.
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