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Life insurance


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Need life insurance? IndiaFirst Life insurance provides different & best life insurance policies. Find useful info about whole life insurance plans & choose insurance policy as per your need

Published in: Economy & Finance, Business

Life insurance

  1. 1. Life Insurance<br />Life Insurance Policies<br />
  2. 2. What is life insurance<br />Life insurance is financial coverage of someone's life. When someone dies, their life insurance will provide the appropriate funds to the family left behind.<br />
  3. 3. Advantage of life Insurance<br />Life insurance is a unique  investment that helps you cover against both the risks of surviving old  age  without  any visible means of support, through asset appreciation and premature demise, through asset protection.<br />The core benefit of life insurance is that the financial security  of  one’s family remains protected from circumstances such as loss of income due to critical illness or the life assured’s demise.<br />Life insurance is the only investment option that offers products  customized to suit the varying needs of investors based on their life stage, ensuring that the financial goals of that life stage are met.<br />
  4. 4. continue<br />It allows ‘thrift’, that is, it allows long term savings because    premium  payments  can  be made through an easy installment facility. Premium payment can be monthly, six monthly and yearly.<br />The  best way to enjoy deductions on income tax and wealth tax is   through life insurance. The deductions are available for amounts paid   by way of premium for life insurance subject to the prevailing income  tax rates.<br />
  5. 5. Unit link fundamentals<br />Unit linked insurance  plans (ULIPs), provide for the benefits of risk protection and flexibility in investment.<br />ULIPs helps you invest in different funds such as debt, equity,  balanced  or liquid, based on your risk profile in the proportion you   want.<br />The returns are based on market performance and are not guaranteed .<br />It  is a long term financial product for 15 years and above.  The   longer you keep saving the better is your accumulated wealth.<br /> It  provides  you the option to switch between funds, to optimize  your returns.<br />
  6. 6. continue<br />You can choose to pay your premiums monthly/six monthly or yearly. You  can  also  make  a  onetime  investment by selecting the ‘single  premium’ option.<br />You also have an option of building your corpus through additional  deposits.<br />In  case  of  any unexpected emergency, you can close your policy  after  five years, free of exit charge. However, it is better to pay  your  premiums  regularly for a longer period, to gain the benefit of  compounding. You also have the option of partial withdrawals.<br />
  7. 7. Contact us<br />IndiaFirstLife Insurance Company Limited<br />301, 'B' Wing, The Qube,Infinity Park,Dindoshi - Film City Road,Malad (East), Mumbai - 400 097.Board No. - 022 39418700Office Fax no - 022 33259600<br />Customer Care (Toll free) :1800-209-8700<br />Customer care:<br />
  8. 8. Thank you<br />