IndiaFirst Life Insurance has rolled out a new single premium savings plan, offering attractive returns between 6.30% and 6.70%.
This plan provides a secure way to grow your money without tying it up in fixed-term deposits.
Key Features
Long-Term Focus: The plan is designed for individuals looking to invest for extended periods, typically beyond 15 years.
Flexible Tenure: You can opt for a policy period ranging from 5 to 30 years.
No Fixed Deposit Competition: The company is primarily targeting policy tenures of 15 years and more to avoid competing with traditional fixed deposit offerings, given that a significant portion of their sales originates from partner banks, including Union Bank of India.
Retirement and Legacy Planning: The IndiaFirst Life Guaranteed Single Premium Plan is a non-linked, non-participating savings plan.
It guarantees returns over 30 years, making it an ideal choice for those planning their retirement or aiming to build a legacy.
If you’re seeking a secure way to grow your savings, this new offering from IndiaFirst Life Insurance might be just what you need.
