IndiaFirst Life Smart Save
  • Choice of Fund Options
  • Partial Withdrawal
  • Life Cover Protection
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Customized Investment Plan for you.

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IndiaFirst Life Smart Save

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 insurance endowment plan. It helps you build wealth with market-linked returns and offers security with a life cover. With the Smart Save plan, you can choose from 4 different fund options as per your risk appetite. 
You can easily make the most of your premiums by ‘redirecting your premium’ from one fund to another. The investment plan has a flexible premium payment option that allows you to pay premiums on a regular, limited, or single-pay basis. Once you survive throughout the policy term, you'll receive the accumulated fund value in a lump sum or monthly installments as per the chosen payout option.

IndiaFirst Smart Save Plan offers you a range of benefits including:

why-choose
  • Flexible premium payment terms
  • 4 unit-linked fund options
  • Convenience of choosing your investment funds
  • Tax Benefits
  • Choice of maturity benefit payout

Eligibility Criteria for IndiaFirst Life Smart Save

Your Occupation

Entry age

Minimum Age - 5 year Maximum Age - 65 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

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

125% of Single Premium

How Does the IndiaFirst Smart Save Plan Work?

Let's understand how the IndiaFirst Smart Save 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 Smart Save Plan. He visited PolicyX.com

Features of IndiaFirst Life Smart Save

Here are some features of IndiaFirst Life Smart Save:

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 Smart Save Plan

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

  • Death Benefit On the policyholder's unfortunate demise while the policy is active or from the due date of the first unpaid premium till the expiry of the grace period. The nominee will receive the benefit under the policy equal to the higher fund value as on the date of death or the sum assured.
  • Maturity Benefit Once you survive till the end of the policy term, you shall receive the full value of your funds. You have the flexibility to take maturity benefits either in a lump sum or through settlement options.
  • Partial Withdrawal

    The plan allows you to access your accumulated funds partially in case of any financial emergency after the five-year lock-in period. 

  • Switching or Redirecting Premiums You can easily transfer your money from one fund to another by switching or redirecting your premium.

Documents Required to Buy IndiaFirst Smart Save Plan

Here is the list of documents required to buy the IndiaFirst Smart Save Plan:

Photo ID Proof

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

How to Buy IndiaFirst Life Smart Save?

You can buy the IndiaFirst Life Smart Save 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 Smart Save 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 Smart Save 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 Smart Save Plan

Given below are some exclusions of the IndiaFirst Smart Save 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 Smart Save Plan is a unit-linked life insurance endowment plan. It is an ideal plan for someone who wants to build wealth or planning for early retirement. Feel free to reach out to us for any further assistance anytime.

FAQs: IndiaFirst Life Smart Save Plan

1. What is the IndiaFirst Smart Save Plan?

IndiaFirst Smart Save Plan is a unit-linked life insurance endowment plan that offers market-linked returns and a life cover’s security.

2. Does the life cover benefit continue during the settlement period?

If you pass away untimely during the settlement period, your nominee shall receive the higher fund value as of the date of intimation of death.

3. What do you receive at the end of the policy term in the Smart Save plan?

Once you survive till the end of the policy term, you shall receive the full value of your funds.

4. What is the impact of partial withdrawals on death benefits?

Partial withdrawals made during the 2 years before the policyholder’s death date will be reduced from the sum assured.

5. How do you move from one fund to another?

You can easily transfer your money from one fund to another by switching or redirecting your premium.

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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Sahil Singh Kathait

Written By: Sahil Singh Kathait

A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.