IndiaFirst Life Money Balance
  • Wealth creation plan
  • Market-linked returns
  • Multiple fund options
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Customized Investment Plan for you.

Select Your Annual Income

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IndiaFirst Life Money Balance

IndiaFirst Life Money Balance plan offers investment plan and dual benefits- a life cover to protect your family financially and market-linked returns on your invested amount.

IndiaFirst Life Money Balance Plan offers you a range of benefits including:

why-choose
  • Flexibility of partial withdrawal

  • Expert-led investment strategy

  • Investment diversification
  • Easy fund accessibility
  • Wealth creation

Eligibility Criteria for IndiaFirst Life Money Balance

Your Occupation

Entry age

Minimum Age - 5 year Maximum Age - 18 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 75 years

Your Gender

Policy tenure

Minimum term - 5 years Maximum term - 70 years

Maternity Benefit Rider

Premium payment term

5,7 years or equal to the policy tenure

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

25 times the annualized premium

How Does the IndiaFirst Life Money Balance Plan Work?

Let's understand how the IndiaFirst Life Money Balance Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.

Solution

His financial advisor advised him to buy the IndiaFirst Life Money Balance Plan. He visited PolicyX.com

Let's understand how the IndiaFirst Life Money Balance Plan works for him with a premium illustration table.

Age of policyholder Annual Premium Policy tenure Premium Payment Tenure Maturity Benefits
30 years Rs 50,000 20 years 5 years Rs 5,74,167

Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 5,74,167 are paid to the policyholder.

Features of IndiaFirst Life Money Balance

Here are some features of IndiaFirst Life Money Balance:

IndiaFirst Investment Plans

IndiaFirst Life Wealth Maximizer is a unit-linked, non-participating savings insurance plan offered by Indiafirst Life Insurance. It is designed to pr...

Unique Features

  • 7 different fund options
  • 3 different investment strategies
  • Partial withdrawal option

IndiaFirst Life Wealth Maximizer (Pros)

IndiaFirst Life Wealth Maximizer
  • 7 different fund options
  • 3 different investment strategies
  • Partial withdrawal option

IndiaFirst Life Wealth Maximizer (Cons)

IndiaFirst Life Wealth Maximizer
  • No Guaranteed Additions
  • No Premium Offset
  • Whole Life Cover Not Available

IndiaFirst Life Wealth Maximizer (Other Benefits)

IndiaFirst Life Wealth Maximizer
  • Loyalty addition and wealth booster benefits
  • Unlimited free switches and premium redirection options
  • Flexible policy and premium paying term

IndiaFirst Life Wealth Maximizer (Eligibility Criteria)

IndiaFirst Life Wealth Maximizer
  • Entry Age: Minimum Age - 5 year Maximum Age - 65 years
  • SA: Higher of: (10* Annualized Premium) or (0.5 * Policy Term * Annual Premium)
  • Maximum Maturity Age - 90 years

IndiaFirst Life Money Balance plan offers investment plan and dual benefits- a life cover to protect your family financially and market-linked returns...

Unique Features

  • Wealth creation plan
  • Market-linked returns
  • Multiple fund options

IndiaFirst Life Money Balance (Pros)

IndiaFirst Life Money Balance
  • Flexibility of partial withdrawal
  • Expert-led investment strategy
  • Investment diversification

IndiaFirst Life Money Balance (Cons)

IndiaFirst Life Money Balance
  • No Guaranteed Additions
  • No Premium Offset
  • Whole Life Cover Not Available

IndiaFirst Life Money Balance (Other Benefits)

IndiaFirst Life Money Balance
  • Easy fund accessibility
  • Wealth creation
  • Tax benefits

IndiaFirst Life Money Balance (Eligibility Criteria)

IndiaFirst Life Money Balance
  • Entry Age: Minimum Age - 5 year Maximum Age - 18 years
  • SA: 25 times the annualized premium
  • Maximum Maturity Age - 75 years

Secure your future with the IndiaFirst Smart Save plan: Invest smartly and watch your wealth grow.IndiaFirst Smart Save Plan is a unit-linked life ins...

Unique Features

  • Choice of Fund Options
  • Partial Withdrawal
  • Life Cover Protection

IndiaFirst Life Smart Save (Pros)

IndiaFirst Life Smart Save
  • Choice of Fund Options
  • Partial Withdrawal
  • Life Cover Protection

IndiaFirst Life Smart Save (Cons)

IndiaFirst Life Smart Save
  • Suicide within 12 months not covered
  • Consumption of any intoxicants
  • Death due to any aviation accident

IndiaFirst Life Smart Save (Other Benefits)

IndiaFirst Life Smart Save
  • Flexible premium payment terms
  • 4 Unit-linked fund options
  • Convenience of choosing your investment funds

IndiaFirst Life Smart Save (Eligibility Criteria)

IndiaFirst Life Smart Save
  • Entry Age: Minimum Age - 5 year Maximum Age - 65 years
  • SA: 125% of Single Premium
  • Maximum Maturity Age - 75 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of the IndiaFirst Life Money Balance Plan

There are various benefits to buying the IndiaFirst Life Money Balance Plan. Let’s understand each of them in detail:

  • Flexible premium payments This plan offers you flexible premium payment options including- Regular Premium, Limited Premium, and Single Premium. You can choose the one that best suits your requirements.
  • Wealth creation This plan helps you create wealth over time to meet your future financial requirements and various future plans.
  • Investment diversification This plan offers you the opportunity to diversify your investment into various funds thereby helping you to diversify the risk and return.
  • Life cover benefit A money balance plan offers you a life cover benefit that provides financial protection to your family even in your absence.

Documents Required to Buy IndiaFirst Life Money Balance Plan

Here is the list of documents required to buy the IndiaFirst Life Money Balance Plan:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.

How to Buy IndiaFirst Life Money Balance?

You can buy the IndiaFirst Life Money Balance official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Hover on the ‘Life Insurance’ tab.

  • Step 3

    Choose the Investment plan you want to buy.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of IndiaFirst Life Insurance.

  • Step 2

    Hover over 'Life Insurance Plans' from the top of the menu.

  • Step 3

    Click on the IndiaFirst Life Money Balance Plan.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the IndiaFirst Life Money Balance Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of the IndiaFirst Life Money Balance Plan

Given below are some exclusions of the IndiaFirst Life Money Balance Plan-

  • Suicide within 12 months of the policy purchase is not covered.

  • Consumption of any intoxicants.

  • Death due to any aviation accident.

  • Death due to any adventurous sports.

Plan At a Glance

What’s Good Here What’s Missing
Switching or Redirecting Premiums Guaranteed Additions
Life Cover  Premium Offset
Choice of 4 Fund Options Whole Life Cover
Flexibility to withdraw funds partially No Auto Cover Continuance

In a nutshell

IndiaFirst Life Money Balance Plan helps you create wealth over time along with financial protection for your dependents. This plan offers you a range of benefits that help you decide whether this plan is appropriate for you or not. These advantages include wealth creation, market-linked returns, life cover, flexible premium payments, switching funds, etc. If you are still confused about whether this plan is right for you or not you can contact us at PolicyX.com. One of our representatives will reach out to you shortly, understand your requirements, and help you choose the right plan for you.

FAQs: IndiaFirst Life Money Balance Plan

1. What is a Money Balance Plan?

Money Balance Plan by IndiaFirst Life Insurance helps you create wealth over time along with providing financial protection to your dependents in your absence.

2. What are the fund options you can avail of with the IndiaFirst Life Money Balance Plan?

There are two fund options- Equity Fund and Debt Fund available with Money Balance Plan.

3. What is the maximum maturity age of the Money Balance Plan?

The maximum maturity age of the IndiaFirst Life Money Balance Plan is 75 years.

4. How to buy IndiaFirst Life Money Balance Plan?

You can buy the IndiaFirst Life Money Balance policy either from their official website or by visiting one of their nearest branch offices.

5. What are the charges associated with the IndiaFirst Life Money Balance Plan?

There are various charges associated with Money Balance Plan including Premium Allocation Charge , Fund Management Charge (FMC), Policy Administration Charge, Mortality Charges, Discontinuance Charge.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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Himanshu Kumar

Written By: Himanshu Kumar

Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.