Wealth Plans
IndiaFirst Smart Save Plan
Synopsis:
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This plan combines the benefits of both an insurance cover as well as a wealth builder. Depending on your risk appetite, it uses market-linked investments to help you save systematically and build your wealth portfolio.
Features:
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- Build your savings systematically, through investments in various funds
- Life cover in case of the life assured's untimely death
- Invest in 4 funds across different asset classes, where you choose the proportion of your investment based on your risk appetite
- Optimise investments by ‘switching' or ‘redirecting your premium' from one fund to another
- Protect your savings by transferring your investments into a liquid fund over the last 3 years of the plan
- Get easy access to your money through partial withdrawals
- Avail tax benefits under Section 80 C and Section 10 (10D) as per prevailing Income Tax Laws
Eligibility:
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Minimum age at entry : |
5 years |
Maximum age at entry : |
65 years |
Maximum age at the end : |
75 years |
Premiums : |
monthly, half-yearly, and yearly |
Regular premium can be paid through : |
10, 15, 20, and 25 years for equivalent plan term |
For Single premium plan term : |
5, 10, 15, 20 years |