IndiaFirst smart save Plan

IndiaFirst Smart Save Plan is a non-participating, unit linked savings insurance plan, that helps you to save for the future

Key Features

  • You can build your savings systematically, through investments in various funds
  • The plan offers a life cover in case of the life assured’s untimely death
  • You have the option to invest in 4 funds across different asset classes, where you choose the proportion of your investment based on your risk appetite
  • You can make the most of your investments by ‘switching’ or ‘redirecting your premium’ from one fund to another
  • Access your money in case of any financial emergency through partial withdrawals.


  • 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:
At any point of time, the death benefit will not be less than 105% of the total premiums paid during the plan term. In case of the life assured’s demise, where the Life Assured is a minor and the commencement of life cover is yet to begin, the death benefit will be equal to the Fund Value.
  • Maturity Benefit:
You receive the fund value at the end of the plan term

Am I eligible?

ENTRY AGE 5 years 65 years
MATURITY AGE 18 years 75 years
POLICY TERM one time/10/15/20/25
SUM ASSURED 110% single premium 40 x annualized premium
PREMIUM PAYING TERM One-time payment 20 years
PAYMENT MODE Single, Yearly, Monthly, and Half-Yearly

What if?

I am unable to pay 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