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IndiaFirst Anytime Plan- An Online Term Plan

Eligibility  
Entry Age (years)  
Minimum 18
Maximum 60
Maximum Maturity Age (years) 70
Policy Term (years)  
Minimum 5
Maximum 30
Sum Assured (Rs)  
Minimum 1000000 and in multiples of Rs 1 lakh thereafter
Maximum 49lakh if bought online; 20 crores if bought offline
Premium Payment Frequency Single, Yearly, Half-yearly, Monthly (via ECS only)
Premium Payment Term Single or equal to policy tenure
Premium Factor (multiply with annual premium) Half Yearly: 0.5119 times annual premium; Monthly (through ECS only): 0.0870 time annual premium
Policy Cover Cover remains fixed for the tenure of the policy
Other Features  
Free Look Cancellation In case, you are not satisfied, you may choose to cancel the policy within 15 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered.
Grace Period You are allowed to pay premiums within 30 days from the due date (15 days in monthly option). If a due premium is not received within the grace period of 30 days, your policy will lapse and the life insurance cover, including the rider cover, if any, will be terminated.
Lapsed Policy Reinstatement You can reinstate your lapsed policy any time (within 2 years from the due date of the first unpaid premium) by paying all the due premiums and undergoing underwriting requirements, if any.
Tax Benefits Section 80C, 10 (10D) of the Income Tax Act, 1961 would apply.
Surrender Value Allowed to Single Premium Policies only after completion of three policy years. It will be calculated as: 40% x Premium paid x Unexpired term as on date of lapse or surrender/ Total term)
Customer Service  
Address IndiaFirst Life Insurance Company Limited 301, 'B' Wing, The Qube, Infinity Park, Dindoshi - Film City Road, Malad (East), Mumbai - 400 097
Mail To [email protected]
Call On 1800 209 8700