IndiaFirst Life POS Cash Back Plan

IndiaFirst Life POS Cash Back Plan

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INDIA FIRST LIFE INSURANCE 

Plan : Life POS Cash Back Plan

Limited Premium, Money Back Insurance Plan

Benefits:

 

Pay out: 20% of Sum Assured

Policy Term  :     9 Years,           12 Years            15 Years

Pay out Year  :    3 & 6 Year       4 & 8 Year       5 & 10 Year

Maturity Benefit:

  • The life assured will receive 60% of the sum assured Plus
  • Guaranteed additions based on the policy term

 

Death Benefit : highest of

  • Guaranteed Sum Assured at maturity, or
  • 10 times the annualized premium, excluding modal factor, extra premium / rider premium, if any, or
  • Any absolute amount assured to be paid on death, or
  • 105% of total premiums paid, excluding applicable taxes and extra premium/ Rider premium, if any, under the policy

 

 

Eligibility :

Minimum Age at entry  : 15years

Maximum Age at entry  :   45 years  For PT 9 Years,       50 years  For PT 12 & 15 Years

Maximum Age at Maturity :  65Years

                     Policy Term   :   9 Years, 12 Years & 15 Years

Premium Paying Term  :  5 Years, 7 Years & 10 Years

Premium Payment Mode  :  Yearly, Half Yearly, Quarterly

            Minimum Premium  :   Rs.6, 000 / Yearly

          Basic Sum Assured   :  Mini – Rs.50,000,     Maxi – Rs.10,00,000

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