IndiaFirst Life Little Champ Plan

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IndiaFirst Life Little Champ Plan

Secure your child’s future with IndiaFirst Life Little Champ Plan – a smart, flexible life insurance plan offering protection and savings.

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Details for IndiaFirst Life Little Champ Plan

IndiaFirst Life Little Champ Plan is a child insurance plan combining life cover with guaranteed payouts. It helps secure your child’s education and dreams with flexible premium options, assured benefits, and financial protection, even in your absence. A perfect mix of savings and security for your child’s future.

Sum Assured

Not available

Age

Entry Age: 21 to 45 Yrs

Premium Payment Term (Mode)

Not available

Age

  • Entry Age: 21 to 45 Yrs

Additional Benefits

  • IndiaFirst Life Little Champ Plan provides financial protection of loved ones with safety of life insurance cover
  • Flexibility to choose the type of coverage required – Death with Accidental Death or Accidental Total Permanent Disability (ATPD) or a combination of these benefits for different premium amounts
  • In case of death of life insured or on life insured suffering from Accidental Total Permanent Disability (ATPD), if chosen; no more future premiums will be required to be paid.
  • Get the advantage of choosing the Death benefit as a lump sum pay out or as regular income: In case of Death of Life Assured – Higher of Sum Assured on Death or 105% of the total premiums paid excluding applicable taxes and underwriting extra premium, if any, as on date of death of the life assured will be paid out immediately or as monthly Income over the next 5/10/15 years + All guaranteed payouts will be paid as scheduled + policy continues to earn bonuses
  • In the event of Life Assured suffering any Accidental Total Permanent Disability (ATPD) – no more future premiums will be required to be paid + All guaranteed payouts will be paid as scheduled + policy continues to earn bonuses
  • Choice of policy terms / premium payment terms and payment modes to suit customer’s needs
  • Choose from a range of 8 payout options offering guaranteed payouts from 101% - 125% of Sum Assured, during the policy term depending upon the needs of the policyholder
  • Receive all your simple bonuses accrued along with the last instalment pay out at maturity
  • Tax* benefit may be available on the premiums paid and benefits received as per prevailing tax laws.
  • Complete Financial Protection
  • Flexibility to choose Coverage Option
  • Assured Payouts
  • Protection against uncertainties
  • Flexibility of premium payment & policy term
  • Secured growth through bonus* accumulation