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Insurance Company
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IndiaFirst Life Insurance Company Ltd
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Plan Name
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IndiaFirst Secure Save Plan
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Plan Nature
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TRADITIONAL
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Plan Category
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Term Plan
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UIN No.
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143N012V01
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About Plan
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All of us dreams about the perfect house, the best education, the latest car - the finest that life has to offer for our loved ones. We understand the importance of these dreams and present you a simple plan to help you secure them. Our IndiaFirst Secure Save plan offers you an assured amount plus additional returns in theform of bonus declared by the company. We will pay the sum assured plus all bonuses paid till date in case of the life assured's untimely demise, ensuring the financial security of his/her loved ones.
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Minimum Entry Age
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5years as on the last birthday
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Maximum Entry Age
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65years as on the last birthday
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Maximum Entry Age
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75years as on the last birthday
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Minimum Sum Assured
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Rs.100000
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Maximum Sum Assured
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Rs.200000000
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Benefits
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| Particulars | Description |
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Death Benefits
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Death benefits are tax free under section 10(10)D of the Income Tax Act, 1961.
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Tax Benefits
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| Section | Description |
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SEC 80 C
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Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
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SEC 10 (10)D
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Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
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You can build your savings systematically, through regular premium contributions based on your income and needs.
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The plan offers a death benefit equal to the basic sum assured in case of the life assureds' untimely demise. The death benefit along with the simple reversionary bonus accumulated (till death) and aditional sum assured as per the term rider (if chosen) will be paid out.
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The basic sum assured along with simple reversionary bonus andterminal bonus, if any will be paid at the end of the plan term.
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Under Section 80C you can enjoy tax benefits on the premium you invest. You can also get tax benefits on the benefits you receive at maturity of your plan, under Section 10(10D).
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View another Plan
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Insurance Company
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