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Product Information
Wealth Plans IndiaFirst Money Balance Plan
Synopsis:
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This plan is a unit-linked insurance plan, it gives you the best of both worlds – investment and security. With this plan your money is automatically transferred to safer funds. It diversifies your funds and reduces risks while building a secure future.

Features:

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  • Optimise your investments with the help of our ‘automatic trigger-based' investment strategy
  • It automatically transfers your investments to safe funds for regular returns
  • Pay your premium either regularly for a limited period, or through a single payment
  • Safeguard your family’s future through a life cover, in case of the life assured's untimely demise
  • 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
Single, regular premium and limited premium payment for 10/15/20 years : 65 years

Life cover for a minor starts at the end of two years from the date of commencement of the plan or at the first monthly plan anniversary after attainment of majority, whichever is first.