IndiaFirst Life Insurance

Term Plans

The different term plans offered by IndiaFirst Life Insurance are mentioned below:

Investment or ULIP Plans

The different investment plans offered by IndiaFirst Life Insurance are mentioned below:

Traditional Savings Plans

The different savings plans offered by IndiaFirst Life Insurance are mentioned below:

Retirement Plans

The different retirement plans offered by IndiaFirst Life Insurance are mentioned below:

Microinsurance Plans

The microinsurance plan offered by IndiaFirst Life Insurance is mentioned below:

Child Plans

The different plans for children offered by IndiaFirst Life Insurance are mentioned below:

Point of Sale Plans (POS)

The two types of POS plans offered by IndiaFirst Life Insurance are mentioned below:

Common Service Center Plans (CSC)

The two types of CSC plans offered by IndiaFirst Life Insurance are mentioned below:

IndiaFirst Life Insurance Claims Process

In the event an unfortunate incident takes place and a claim is to be filed, IndiaFirst Life Insurance has made the claim filing process a quick and hassle-free one for the claimant. The following process is to be followed when filing a claim:

1. The company is to be notified by the claimant regarding a particular claim by registering it online on the website, by calling on the call center, by contacting a sales advisor for the company or visiting a Bank of Baroda or Andhra Bank branch as early as possible.
2. The claimant is to submit the Claim Form as well as the following documents:
   1. Copy of death certificate.
   2. Copy of life assured's proof of age.
   3. Copy of claimant's proof of age and address.
   4. Copy of claimant's passbook and one cancelled cheque.
   5. Medical report/discharge summary.
   6. Statement of the consulting physician (if available).
   7. Copy of FIR and inquest report or Panchnama (for accidental/unnatural death).
   8. Copy of post mortem report (for accidental/unnatural death)

1. The claim would be recorded and the supporting documents would be confirmed upon receipt of all the paperwork. If necessary, any extra documents would be asked.
2. After investigation of the case, the claim would either be accepted or repudiated (rejected).
3. For accepted claims, the settlement amount would be calculated and released to the claimant via NEFT only.

IndiaFirst Claim Settlement Ratio

The claim settlement ratio is an indicator of the number of claims received by an insurance company against the total claims that were paid out. The claim settlement ratio for IndiaFirst Life Insurance is given below:

Documents Required for IndiaFirst Life Insurance

When buying a life insurance policy, a certain set of documents are to be submitted along with the application form. These documents serve to fulfil the KYC (Know Your Customer) information and are listed below:

1. Proof of identity: any 1 of the below mentioned documents can be submitted towards proof of identity:
   1. Aadhaar card.
   2. Driving licence.
   3. Passport.
   4. PAN card.
   5. Voter's identity card.
   6. Job card issued by NREGA, signed by a State Government officer.
2. Proof of residence: Any one of the below-mentioned documents are to be submitted towards proof of residence.
   1. Rent agreement.
   2. Utility bills (electricity, gas, telephone) not more than 2 months old.
   3. Property tax or municipal tax receipt.
   4. Bank account or post office account statement.
   5. Letter of allotment or accommodation from State or Central government, financial institutions or listed companies.
3. Recent passport-sized photograph.

Checking IndiaFirst Life Insurance Policy Status

Policyholders who wish to view the current status of their IndiaFirst Life Insurance policy can do so either offline or online.

Policy Status Check By Online

By phoning the customer service number listed, policyholders can also check the status of their policies offline. After the caller's identification has been confirmed, the policy's current status will be given.

Visiting a branch office and asking about the current status of an active policy is another option to determine the status of the policy. The policy status will be communicated to the individual after confirming their identity (using their policy number, a photo ID, etc.).

Policy Status Check By Offline

Policyholders can also check their policy status offline by calling on the customer care helpline mentioned, whereupon the policy's current status will be stated after verifying the caller's identity.

Another way to check the policy status is by visiting a branch office and inquiring as to the current status of an active policy. After verifying the individual's identity (through policy number, photo identity etc.), the policy status will be shared with the individual.

IndiaFirst Life Insurance Online Payment

Policyholders who have to pay their insurance premiums no longer have to visit a branch or wait for their cheque to clear. They can choose to pay online through a secure and quick payment gateway and save themselves the hassle of a last-minute payment or penalties for late payment.

Policyholders who wish to pay their premiums online can do so by the following the steps mentioned below:

1. Step 1: Visit the IndiaFirst Life Insurance website and click on the 'Pay Premium' tab towards the right of the page.
2. Step 2: Enter the policy number and life assured's date of birth to access the policy information.
3. Step 3: Select the method of payment of the premium amount and authorise the payment.
4. Step 4: Save a copy of the acknowledgement and receipt for future reference.

IndiaFirst Life Insurance Premium Calculator

A life insurance policy is an investment that generates income over the course of a long time. Over the course of the insurance, the premium payments must be made on time. Finding the amount that would need to be set away for premium payments over the life of the policy term is crucial because the majority of people choose monthly payments.

IndiaFirst has created an online premium calculator that computes the entire amount to be paid based on numerous criteria and variables in order to assist prospective policyholders in determining the precise amount due as premium. People can access the premium calculator through the website and can pick between two premium calculators. Details such as the policy type, policy duration, the type of premium payment (regular/limited, etc.), the Sum Assured chosen, the policyholder's gender, income, age, and marital status, as well as any riders selected, must be entered in order to determine the total premium payable over the policy term.

IndiaFirst Life Insurance Customer Care

There are numerous methods to contact the customer service team if you have an IndiaFirst insurance. You can contact them by phone at their toll-free customer service number - 1800-209-8700, by email at the given email address, or by mail at the specified address.

Additionally, the insurance has established a clear grievance procedure that allows clients to take their complaints up the corporate ladder. Customers can also complete a variety of policy-related tasks independently from a list of options on the website. These include buying life insurance, paying premiums, downloading policy statements, following an application in real time, following an inquiry, request, or complaint, and changing contact information, among other things.

GST of 18% is applicable on life insurance effective from the 1st of July, 2017