The company serves customers in 98% pin-codes across the country.
IndiaFirst Life Insurance Company Limited (IndiaFirst Life) today announced the launch of IndiaFirst Life e-Term Plus Plan. It is a non-linked, non-participating, individual pure risk premium life insurance scheme designed to protect the certainties of life by promising a financially secure and fulfilling future to your loved ones. This pure protection plan has been developed in consultation with policybazaar.com and is one of the most flexible offerings in the term insurance space and is available at a competitive price.
Rushabh Gandhi, Deputy CEO, IndiaFirst Life Insurance Company Limited said, “With increasing awareness about insurance, there has been a distinct change in consumer preference towards buying life insurance. In line with our CustomerFirst philosophy, we are delighted to launch the IndiaFirst Life e-Term Plus plan with seven innovative coverage options.
Premium discount on online purchases
The plan also offers a special discount on premium in the first year on purchase of policies through digital means, which makes it an attractive proposition for PolicyBazaar customers.
Santosh Agarwal, Chief Business Officer – Life Insurance, Policybazaar.com said, “We have always intended to meet the evolving life insurance needs of our customers. In times of unprecedented pandemic, there has been a surge in awareness and demand for term plans. In line with this customer demand, we are happy to have IndiaFirst Life’s e-Term Plus plan as one of the key offerings on our portal.
Features of e-Term Plus Plan-
>> IndiaFirst Life e-Term Plus Plan is a comprehensive product specially designed for the Life Assured and his/her loved ones. Provides much needed financial assistance in case of Permanent Disability in Accident, Critical Illness, Natural or Accidental Death (ADB).
>> Additionally, the Life Assured can choose to avail the benefit of this policy either as a lump sum or as a regular income or as a combination of both as per the coverage option chosen.
>> According to the Income Tax Act, a person can also take advantage of tax on premiums paid and benefits received.
IndiaFirst Life offers a diversified product line of 45 need-based (products and riders) offerings that cater to diverse customer segments, leverage multiple distribution capabilities, and diversify investment options. The company serves customers in 98% pin-codes across the country.
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