Get 20X1 Life Cover + Wealth Creation with IndiaFirst Life TULIP Plus
A Non-Par, Unit-Linked, Individual Savings Life Insurance Plan
IndiaFirst Life TULIP Plus
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Benefits
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Features
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Eligibility Criteria
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Fees & Charges
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Disclaimer
IndiaFirst Life TULIP Plus : Benefits
- Maturity Benefit – Fund value at the end of policy term
- Death Benefit –
Will be higher of
1. Fund Value as on date of receipt of intimation death or
2. Sum Assured* or
3. 105% of the total premiums paid till the date of death
IndiaFirst Life TULIP Plus : Features
- Provide a safety net for your loved ones with a 20x life insurance cover value.
- Get the flexibility to choose from ten different fund options as per your risk appetite
- Enhance your savings with Return of Premium Allocation charge & Return of Mortality Charge
- Get a reduced premium allocation charge on investing a higher premium amount
- Get enhanced protection with Accidental Death Benefit Rider and Total and Permanent Disability Rider.
- Avail unlimited free switches and premium re-direction to maximize your fund growth
IndiaFirst Life TULIP Plus : Eligibility Criteria
- Entry Age:-
- Minimum - 3 years
- Maximum - 65 years
- Maturity Age :-
- Minimum - 18 years
- Maximum - 85 years
- Policy Term :- 15,20,25 years
- Premium Payment Term:- 5,6,7,8,9,10 years
- Min Premium :-
- Annual: - INR 36,000
- Half-Yearly: - INR 18,000
- Quarterly: - INR 9,000
- Monthly: - INR 3,000
- Max Premium :- No Limit, subject to BAUP
IndiaFirst Life TULIP Plus : Fees & Charges
- For details on charges, please refer brochure on IndiaFirst Life Website
IndiaFirst Life TULIP Plus : Disclaimer
- Death benefit multiple varies with the Age, PT, PPT as chosen by the Policyholder.
- Mortality Charges and Premium Allocation Charges deducted are returned during the policy term and added to your Fund Value. Please refer to the sales brochure for more details.
- IndiaFirst Life Accidental Death Benefit (UIN-143A020V01) & IndiaFirst Life Total & Permanent Disability Rider (UIN-143A022V02) will be available with the product with ADB rider Sum Assured of 3 times the base product’s death benefit & TPD rider Sum Assured equal to the base product’s death benefit. The product may also be purchased without the rider, subject to underwriting guidelines.
- The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.
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