Rushabh Gandhi, Managing Director and CEO, IndiaFirst Life Insurance Company Ltd., said the IndiaFirst Life GOLD Plus Plan combines guaranteed income, participating benefits, optional goal protection, and long term savings flexibility for customers across life stages
IndiaFirst Life Insurance Company Ltd. has launched the IndiaFirst Life GOLD Plus Plan, a non linked, participating, individual life insurance savings product designed to combine long term savings, regular income, and life protection.
The company said the plan is aimed at customers planning for life goals including children’s education, retirement, and long term financial security.
The IndiaFirst Life GOLD Plus Plan offers customers the flexibility to choose between regular income for a defined period or whole life income up to the age of 100, depending on financial planning needs.
Customers can also choose between immediate income or a deferred income option starting after 10 years.
The plan includes guaranteed benefits along with terminal bonus, if any, at maturity under policy terms.
An optional Goal Protection Benefit allows policy benefits to continue for the nominee in the event of the life assured’s death during the policy term, adding a layer of financial continuity.
Additional rider options include accidental death benefit, total and permanent disability cover, and waiver of premium, subject to policy terms and conditions.
The plan also includes multiple premium payment options across six, eight, ten, and twelve year terms, along with flexibility to receive income on special dates, discounts for women policyholders, and access to policy loan facilities as applicable.
Rushabh Gandhi, Managing Director and CEO, IndiaFirst Life Insurance Company Ltd., said, “Customers today want certainty without compromising on growth. With the IndiaFirst Life GOLD Plus Plan, we are bringing these two needs together by offering guaranteed benefits across income and maturity, along with the potential for an uncapped upside supported by equity exposure.”
He added that the product is designed to help customers plan finances with confidence, build wealth in a disciplined way, and create reliable long term income streams.
With this launch, IndiaFirst Life continues expanding its portfolio of savings and protection products focused on long term financial planning and customer flexibility.
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