A second income just for your LIFE dreams

A guaranteed income plan is an assured income plan that offers life insurance plus saving. This is a non-linked, non-participating, Individual Saving, limited premium paying, Life Insurance plan, it provides you with guaranteed long term income for upto to 30 or 40 years.

Maturity benefit is the lumpsum amount or Sum Assured on Maturity that you receive on surviving till the end of the policy term. Sum assured on Maturity is X% of sum of all Annualized Premium paid under the policy where X% is 100% for Immediate and Intermediate Income options and 150% for Deferred Income option.

Survival benefit is the amount you receive during the course of the policy term. This guaranteed income plan offers base income, i.e., a percentage of the annualized premium you will be eligible for at the start of the income period as per your chosen option. The base income is subsequently enhanced with Loyalty income, an additional income which becomes payable if all premiums are paid on time. You will also receive 2 cashbacks under Deferred Income Option.

Yes. A guaranteed income plan is the one of the best investment plan to help you achieve your goals or fulfil other responsibilities. It is a limited pay plan that offers guaranteed long term income. It offers you an assured income with life cover to make your family financially secure for 30 to 40 years.

The monthly payout mode in death benefit is to provide financial security to the nominee, post the policyholder’s demise. The death benefit or sum assured is paid out as monthly instalments to the nominee instead of as a lumpsum amount.

A guaranteed income plan is a regular income plan that invests in low risk, debt instruments to give you an assured, fixed guaranteed income.

In an income plan, the policyholder pays the premium for the premium paying term, in lieu of which they receive a regular, fixed amount in the chosen frequency, all through the policy tenure.

Guaranteed income plans invest in low-risk funds. This makes them a safe income plan.

Here's how simply you can calculate it.

Total income + Total Maturity + Loyalty Cashback (for deferred income option only) ÷ Total premiums paid.

There are many income insurance plans that offer Monthly Income. Guarantee Of Life Dreams Plan by IndiaFirst Life is one of the best guaranteed income plans currently available.

Guaranteed income plans are safe as they are low-risk and hold investments in stocks that pay regular dividends. So, you can be assured that your capital is safe, while planning for long term goals.

A Guaranteed income plan in life insurance gives you the benefit of life insurance plus saving. You pay your Premiums during the premium payment term, in return, the plan pays you back in monthly instalments throughout the policy tenure, rather than as a lumpsum at the end of the policy term. This assures you of a fixed income & adequate life cover for a good many years.