Home   »   Business Current Affairs & News   »   IndiaFirst Life Insurance launches new G.O.L.D....

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 designed to offer regular, long-term income to policyholders to ensure a prosperous and worry-free future.

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. This tailored approach allows individuals to align their premium payments with their current financial situation while enjoying 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 extended coverage ensures that policyholders can enjoy the fruits of their financial decisions well into their retirement years, allowing them to live their dreams without worries.

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 provides the flexibility to choose between annual and installment-based premium payments, accommodating different 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. Its key stakeholders encompass Bank of Baroda, Union Bank of India, and Legal & General Middle East Limited.
  • 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

Find More Business News Here

IndiaFirst Life Insurance launches new G.O.L.D. plan_4.1

IndiaFirst Life Insurance launches new G.O.L.D. plan_5.1