IndiaFirst Life Insurance launches new G.O.L.D. plan
IndiaFirst Life Insurance launches new G.O.L.D. plan: In a move to provide enhanced financial security and stable income to its policyholders, IndiaFirst Life Insurance Company has recently launched a groundbreaking insurance product – the Guarantee of Life Dreams (G.O.L.D.) Plan. This non-linked and non-participating insurance plan is intended to provide policyholders with consistent, long-term income to ensure a prosperous and worry-free future.
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Flexible Premium Payment Terms for Diverse Needs
One of the standout features of the G.O.L.D. Plan is its flexibility in premium payment terms. Policyholders can choose from premium payment terms of 6, 8, or 10 years, depending on their financial preferences and goals. Individuals can use this personalised strategy to align their premium payments with their existing financial circumstances while still reaping the benefits of a comprehensive insurance plan.
Extended Policy Terms for Lifelong Security
Understanding the importance of long-term financial planning, IndiaFirst Life Insurance offers policy terms of 30 years and 40 years for the G.O.L.D. Plan. This prolonged coverage ensures that policyholders can enjoy the fruits of their financial decisions well into their retirement years, allowing them to live their aspirations without worry.
Starting Premiums as Low as ₹4,176 per Month
The G.O.L.D. Plan’s affordability makes it accessible to a wide range of individuals seeking reliable financial protection. With a starting premium as low as ₹4,176 per month, policyholders can embark on their journey towards financial security without straining their budgets. Furthermore, the plan allows you to pick between annual and installment-based premium payments, fitting a variety of financial preferences.
About IndiaFirst Life Insurance Company
- IndiaFirst Life Insurance Company was established in November 2009 and is headquartered in Mumbai. It is one of the fastest growing player in the private life insurance sector.
- The company follows the “Bancassurance” or Bank Insurance Model, leveraging the customer networks of its partner banks. Bank of Baroda, Union Bank of India, and Legal & General Middle East Limited are among its significant stakeholders.
- IndiaFirst Life Insurance Company Limited has demonstrated rapid growth, ensuring its position as one of India’s swiftly expanding private life insurance providers.
Key Points for Competitive Exams
- MD & CEO of IndiaFirst: Ms R.M.Vishakha