We dream and work towards achieving them. Our dreams and wishes propel us to excel in our endeavors. Each of us aspires to own a house, exotic overseas vacations, secure our family. Hence, it is advantageous to invest in the perfect investment plus insurance plan to help you achieve each and every dream!
IndiaFirst Smart Save Plan offers you an insurance cover on your life and additionally helps you grow and develop a body of wealth through market linked investments.
IndiaFirst Smart Save Plan help you save systematically and provide you different options to invest your savings in funds, on the basis of your risk appetite. The life cover promises the sum assured in case of the life assured’s unfortunate demise.
With IndiaFirst Smart Save Plan, you can afford to dream…
Key features
• You can build your savings systematically, through investments in various funds.
• The plan offers a life cover in case of the life assured’s untimely death.
• You have the option to invest in 5 funds across different asset classes, where you choose the proportion of your investment based on your risk appetite.
• You can make the most of your investments by ‘switching’ or ‘redirecting your premium’ from one fund to another.
• You get easy access to your money by being able to withdraw partially.
• Under Section 80C you can enjoy Tax Benefits on the premium you invest. You also get tax benefits on the benefits you receive at maturity of your policy, under Section 10(10D).
Know more about IndiaFirst Life Insurance
What is the term of the plan
| Premium Payment option | Premium Paying Term | Policy Term |
| Regular Premium | 15,20 and 25 years | 15,20 and 25 years |
| Limited Premium | 7 and 10 years | 15,20 and 25 years |
| Single Premium | One-time Payment | 15 years |
How is sum assured Calculated.
| Age Under 45 while applying for the plan | Age 45 & Above while applying foe the plan | |
| Regular | 105% of (premium paying term * annualised premium) or 10* annualized premium (whichever is higher) | |
| Limited | 105% of (premium paying term * annualised premium) or 10* | |
| Single | 125% of single premium | 110% of single premium |
What are the premium paying modes available?
| Regular Premium | Six Monthly, yearly |
| Limited Premium | Six monthly, Yearly |
| Single Premium | One-time payment only |
How much can you invest?
| Minimum Investment | Six Monthly | Yearly |
| Regular Premium | 6000 | 12000 |
| Limited Premium | 7500 | 15000 |
| Single Premium | - | 45000 |
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