BimaShastra
Sign In
All Companies

IndiaFirst Life

MumbaiEst. 2009indiafirstlife.com
97.04% CSR

A joint venture between Bank of Baroda, Union Bank of India, and Carmel Point Investments, distributed through the extensive branch networks of its bank promoters. One of the insurers underwriting the government's PMJJBY life insurance scheme.

Data reviewed: 23 July 2026

97.04%

Claim Settlement Ratio

Source: IRDAI · FY2023–24

2009

Founded

9

Products Listed

Products by IndiaFirst Life(9)

Information sourced from publicly available data and may not reflect the latest terms. Visit indiafirstlife.com for current details.

IndiaFirst Life

IndiaFirst Life Saral Jeevan Bima Plan

IndiaFirst Life's IRDAI-standardized simple term plan — life cover from ₹1 lakh up to ₹50 lakh, for up to 40 years, with a wide entry window from 18 to 60 years.

Term InsuranceUp to 40 years (maximum age at maturity: 99 years)

IndiaFirst Life

IndiaFirst Life Elite Term Plan

A pure protection, non-linked non-participating term insurance plan offering life cover up to age 99 at affordable rates, with the death benefit payable as a lump sum or as level monthly instalments over 5 years; no maturity or survival benefit.

Term Insurance5-81 years (maximum age at maturity 99 years)

IndiaFirst Life

IndiaFirst Life Radiance Smart Invest Plan

A unit-linked, non-participating individual life insurance endowment plan combining life cover with market-linked investment across 10 fund options and three plan variants (Life, Extra Shield, Family Care), with zero policy admin/premium allocation charges plus a return of mortality charges at maturity.

ULIPRegular Pay: 10 years to (99 minus Age at Entry), up to 99 years under Life Option / 81 years under Extra Shield/Family Care. Limited Pay: 10-30 years. Single Pay: 10-34 years.

IndiaFirst Life

IndiaFirst Life Guaranteed Pension Plan

A non-linked, non-participating individual savings deferred annuity plan — pay premiums for a limited period (2-10 years) and receive a guaranteed lifetime annuity income, with 5 annuity options (single/joint life, with or without return of purchase price) plus an accelerated benefit on diagnosis of any of 20 listed critical illnesses.

Pension / AnnuityWhole Life Plan — annuity payable for life once the deferment/premium paying period ends

IndiaFirst Life

IndiaFirst Life Little Champ Plan

A non-linked, participating endowment plan designed to secure a child's future, combining guaranteed payouts with bonus potential and flexible coverage options.

Child PlanStructured to the child's age, typically running until the child turns 18–25

IndiaFirst Life

IndiaFirst Life e-Term Plan

A non-linked, non-participating term insurance plan offering financial protection against death, accidental total permanent disability, and critical illnesses.

Term Insurance5 to 40 years (typical term-plan tenure band)

IndiaFirst Life

IndiaFirst Life Saral Pension

Pension / Annuity

IndiaFirst Life

IndiaFirst Life Guaranteed Benefit Plan

A non-linked, non-participating individual life insurance savings plan that offers guaranteed income or lump-sum payout benefits along with life cover.

Endowment10 to 20 years

IndiaFirst Life

IndiaFirst Life Wealth Maximizer Plan

A unit-linked, non-participating individual life insurance plan designed to offer investment growth across varied fund choices along with life insurance coverage and loyalty additions.

ULIP10 to 30 years

Compare IndiaFirst Life products

See how products from IndiaFirst Life differ side-by-side.

Compare Products