IndiaFirst Maha Jeevan Plan

IndiaFirst Maha Jeevan Plan is a with profit, non-linked, endowment insurance plan. Under this plan, you can choose how much you would like to insure yourself based on your requirements.

Key Features

  • Plan your future needs by deciding exactly when you need the assured amount - anytime between 15 – 25 years
  • Ensure your prosperity with the assurance of a guaranteed maturity amount (sum assured) along with the bonus, if any
  • We prosper only if you prosper. We will share terminal bonus, if any, at the end of the plan term
  • Accumulate your savings systematically, through regular premium contributions based on your income and needs
  • The plan offers a death benefit equal to the sum assured in case of the life assured’s untimely demise. Enhance your life cover through IndiaFirst Term Rider offered under the plan


  • Tax Benefits:
Enjoy tax benefits on the premium you invest under Section 80C of Income Tax Act, 1961. Your family members also get benefits without any applicable Tax, in case of demise of the life assured under Section 10(10) D of Income Tax Act, 1961.
  • Death Benefit:
A lump sum amount will be paid to the nominee/ appointee / legal heir in the untimely event of the Life Assured’s demise. The death benefit payable at any point of time shall not be less than 105% of the total premiums paid. In case you have opted for IndiaFirst Term Rider on inception an additional sum assured, as mentioned above, will also be payable to the Nominee/ Appointee/ Legal Heir. However, the additional death sum assured cannot be more than the sum assured under the Plan
  • Maturity Benefit:
The guaranteed sum assured on maturity along with the simple reversionary bonus and terminal bonus, if any is paid at the end of the plan term


You may choose to opt IndiaFirst Term Rider (UIN:143B001V02)
under the plan to enhance the life cover. The additional sum assured opted under the plan will be payable in case of untimely event of the Life Assured’s demise. However, the sum assured under IndiaFirst Term Rider cannot be more than the sum assured opted for under the Plan

Am I eligible?

ENTRY AGE 15 years 55 years
MATURITY AGE 20 years 70 years
POLICY TERM 9 years 15 years
SUM ASSURED Rs.50,000 20 crore
PREMIUM PAYMENT TERM 9 years 15 years
PAYMENT MODE Yearly,Half-Yearly, Monthly

What if?

I am unable to pay the premium on time

Grace period of 30 days will be provided and you should pay the premium with in the specified time period.

I want to take a loan

Such option is not available in the policy