IndiaFirst Anytime Plan - online term insurance plan

Term insurance plans offer a higher life insurance cover at a lower fixed premium. A term plan can typically provide an insurance cover till 75 years of age. A term plan is a must to complete an individual’s financial plan and is used mainly to provide cover for financial needs of the insured and his family. For e.g. a term plan can be used by the family to pay up responsibilities like home loan or education of kids in case of an unfortunate demise of the insured

IndiaFirst Anytime Plan is an online term plan that offers a higher sum insured of upto Rs 49 lakhs at  a lower premium and ensures that the family of the insured is taken care of, even in his/her absence. In this plan, the sum assured is paid to the beneficiary in case of the unfortunate death of the life assured. IndiaFirst Anytime Plan provides the life assured the benefits of a life cover for a period of up to 30 years at a reasonable premium amount anytime and anywhere by directly visiting the IndiaFirst LifeStore.


An online term insurance plan 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.

Term Life insurance is Regulated!

Term Life insurance is a long-term product.  How do I know that the insurance company won’t winds up its business before the end of my plan?

 Most private insurance companies in India are relatively new and lack a past track record, which may act as a deterrent. This is where the Insurance Act 1938 comes in. It is compulsory for all private insurance companies to maintain a ‘minimum solvency margin’ of INR 150 crore. Simply put, this solvency margin is the additional capital that an insurance company is required to hold.  As the business grows, the company needs to bring in additional capital to maintain the required solvency margins.  These funds are kept in custody for repayment in case the company declares bankruptcy or decide to wind up its business before paying out the policy benefits (claim and/or maturity) of all the policies that it issues. 

Most life insurers make huge promises while selling the product.  However when it comes to paying the claim, they have a myriad of excuses.  There is no one to help me…

The basic premise of life insurance is to ensure that an event such as death or disability does not render the family helpless and financially insecure. 

Online Term Insurance Plan - A Beneficial Plan

Term insurance plans offer a higher life insurance cover at a lower fixed premium. A term plan can typically provide an insurance cover till 75 years of age. A term plan is a must to complete an individual’s financial plan and is used mainly to provide cover for financial needs of the insured and his family. For e.g. a term plan can be used by the family to pay up responsibilities like home loan or education of kids in case of an unfortunate demise of the insured

IndiaFirst Anytime Plan is an online term insurance plan that offers a higher sum insured of upto Rs 49 lakhs at  a lower premium and ensures that the family of the insured is taken care of, even in his/her absence. In this plan, the sum assured is paid to the beneficiary in case of the unfortunate death of the life assured. IndiaFirst Anytime Plan provides the life assured the benefits of a life cover for a period of up to 30 years at a reasonable premium amount anytime and anywhere by directly visiting the IndiaFirst LifeStore.

Key Features of IndiaFirst Anytime Plan

§  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)