India First Life e-Term Plus Plan is a term insurance plan offered by the India First Company. A term insurance plan is one of the most cost-effective ways to ensure your family will have a secure financial future. With this plan, your family will be paid a sum of money as a death benefit, in case you pass away during the policy period. This money can help them meet their financial needs, without compromising on their current lifestyle - as well as pay off any pending loans or liabilities you might leave back.
This product is one of the cheapest plans in the market and allows customizations such as increasing cover and early exit option. On the flip side, however, it doesn't allow many claim payout options to customize how your family receives the claim amount. Important customizations such as limited pay and comprehensive critical illness coverage are also not available with this product. Further, as per our research, the insurer received fewer policy purchase complaints, and has a good track record of settling claims faster - but they received a higher number of complaints during claim settlement.
India First is a Life Insurance company in India. It offers Term Life Insurance, Traditional Savings and Unit Linked Insurance Plans. Founded in 2009, it is a joint venture between Bank of Baroda, Union Bank of India and Legal & General. The company is headquartered in Mumbai. The MD & CEO of India First is Mr. Ms.R.M.Vishakha