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IndiaFirst Money Balance Plan - An ideal plan for many
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IndiaFirst Money Balance Plan
An Ideal Plan For Many
Rohan Singh* is in his late 30’s and a single parent of two school going children. He
has recently concluded that his existing insurance cover may no longer be enough to
provide for his dependants in case of an untimely demise
With multiple insurance policies on offer, he does not know which policy he should
purchase
He shares his dilemma with his close friend, Tejas Kapoor*, who suggests that he
should invest his money in a ULIP – that not only provides a life cover but also
provides the opportunity to earn from market linked returns
However, Rohan is apprehensive about market volatility. While he wants to take the
advantage of market returns he also wants security for the returns earned
This is where the IndiaFirst Money Balance Plan provides a perfect mix.
Situation…
IndiaFirst Money Balance Plan
IndiaFirst Money Balance Plan is a unit
linked insurance plan It offers an ‘automatic trigger-based'
investment option that guarantees
consistent return along with a life cover The policy sum assured is payable in case
of the untimely demise of the life assured
during the policy term
Enjoy life cover, market linked returns and
match policy receipts with important
milestones, all through a single plan.
The Plan…
Suitability
Automatic Trigger Based Investment Strategy
The ‘automatic trigger-based’ investment strategy, helps you systematically
benefit from the upside of equity investment while securing returns on
investments in a relatively safe fund to ensure consistent returns
Every premium is either invested in Equity1 Fund or Debt1 Fund (after deducting
the allocation charges)
Each day, the performance of the
Equity1 Fund is monitored and
any returns in excess of 10%, on
the net money invested, are
transferred to the Debt1 Fund in
order to secure your returns
Additional Benefits
You have multiple premium payment frequencies to choose from -
monthly, six monthly, yearly or one-time
The plan offers you the option to switch from debt to equity (in case
you want to take further advantage of the equity returns)
You are also free to cancel the automatic trigger facility through a
written request any time you wish to
You enjoy tax benefits under section 80C on the premium payable
and section 10 (10D) on the policy benefits receivable on maturity
or death
Disclaimer
Under Unit linked insurance plans, the investment risk in the investment portfolio is
borne by the policyholder. Unit-linked life insurance products are different from the traditional
insurance products and are subject to risk factors. Premiums paid in unit-linked life insurance
policies are subject to investment risks associated with capital markets and NAVs of the units
may go up or down, based on the performance of fund and factors influencing the capital
market and the insured is responsible for his/her decisions. Please know the associated risks
and the applicable charges from your Insurance Agent or the Intermediary. Read the product
brochure carefully before buying the plan. Tax benefits are subject to change from time to time.
Insurance is the subject matter of the solicitation. IndiaFirst Money Balance Plan: Product UIN
143L017V01. Registered and Corporate Office Address: IndiaFirst Life Insurance Company
Ltd., 301, ‘B’ Wing, The Qube, Infinity Park, Dindoshi – Film City Road, Malad (E), Mumbai -
400097. Website: www.indiafirstlife.com. Registration No: 143. Toll Free No. 1800 209 8700.
SMS <FIRST> to 5667735, SMS charges apply.
Thank You