Applying for a Traditional / Investment Plan from the company
The company offers specific plans which are available online only. The customer only needs to log into the companys website, choose the required plan, choose the coverage and provide the details. The premium will be determined using the filled details. The customer then needs to pay the premium online through credit card, debit card or net banking facilities and the policy will be issued
Plans which are not available online can be purchased from agents, brokers, banks, etc. where the intermediaries help with the application process.
Applying For Traditional Insurance through PolicyBazaar
On the PolicyBazaar homepage, click on Traditional Insurance under the Personal tab.
Click New Quotes to compare and choose from top insurance providers.
Fill your date of birth (DOB), whether you are a smoker/non-smoker, and the payout amount. On the basis of your payout amount, you will get an estimate of your premium. Next click Continue.
Fill in your name, email address, city, country code, and mobile number. Click Continue.
You will be taken to the Life Insurance quotes page where you will see life insurance quotes of more than 10 insurers. Next, choose the plan as per payment schedule – One Time Payout and Monthly Payout Plans.
After reviewing and comparing each life insurance quote, click the premium amount to buy the desired plan.
You will see a pop-up on the screen which will give you an overview of the chosen plan like premium, plan features, exclusions, additional riders, etc. Click Proceed.
This will take you to the insurers website. Fill in the necessary details to buy the plan.
IndiaFirst Life Traditional Plans- FAQs
1. How to pay premium? What are the modes of payment available?
INDIAFIRST Life Insurance offers the following modes of payment for paying premium namely:
Credit card/Debit Card
Electronic Clearing system(ECS)
Cash or cheque
For ECS you must register beforehand by duly signing and submitting the ECS form. This facility is available in select cities only.
Alternatively, you can drop in cash or cheque at your nearest branch in the city.
2. How can I check policy status for IndiaFirst Life traditional plans?
To check the policy status login to your IndiaFirst Account with the designated User ID and password this is directly linked with your policy number. After login in a detailed tab will be displayed this contains all the relevant data related to your policy.
3. What is the policy renewal process for IndiaFirst Life traditional plans?
For policy renewal process, login into your account and select the online payment for renewal policy.
You can also select the ECS or the Auto debit option for paying the premium had you initially signed up for the policy.
You can approach the nearest branch office and fill in the required forms, attaching the mandatory documents to get the policy renewed.
4. What is the companys process to settle claim for IndiaFirst Life traditional plans?
INDIAFIRST Life Insurancehas a clear and transparent process for settling claims. You must intimate the company about the incident within one week of it occurrence. There are different options available for intimation such as:
By couriering the details
Approaching us via Advisor.
Contacting us at any of our branch office.
A set of documents as listed in the website needs to be submitted to the company. Upon receipt of the same, the claim is settled within15 days time period.
5. What is the policy cancellation process for IndiaFirst Life traditional plans?
In order to cancel a policy, you can fill in the required form and submit it to the nearest branch office along with the surrender charges as mentioned in the policy.
For new users, a period of about 15 days is allotted wherein one has the option to surrender the policy in case deemed necessary.