IndiaFirst Life Mahajeevan Plus Plan

💰 Money Back Savings Plan with Life Protection

The IndiaFirst Life MahaJeevan Plus Plan is a Non-Linked, Participating, Individual, Limited Pay Money Back Life Insurance Plan that combines life insurance protection, periodic cash-back benefits, and long-term savings in a single solution. It is designed for individuals who want regular liquidity during the policy term while building a financial corpus for future goals.

🎯 Why Choose MahaJeevan Plus?

💵 Periodic Money Back Benefits

Receive 103% of your Annualized Premium as Survival Benefits at the end of:

✅ 3rd Policy Year
✅ 7th Policy Year
✅ 11th Policy Year

These payouts can help fund children's education, family expenses, vacations, or other important milestones.

🛡️ Long-Term Life Protection

Enjoy uninterrupted life cover for:

📅 15 Years OR
📅 20 Years

while paying premiums only for 12 years.

🎁 Maturity Benefit

At the end of the policy term, receive:

💰 Guaranteed Sum Assured on Maturity

➕

🎉 Simple Reversionary Bonus (if declared)

➕

🏆 Terminal Bonus (if declared)

This helps create a sizeable corpus for future financial goals.

✨ Key Features

💸 Limited Premium Payment

Pay premiums for only 12 years and enjoy benefits for the entire policy term.

🎯 Multiple Cash-Back Benefits

Regular payouts provide liquidity without waiting until maturity.

💰 Bonus Participation

Participates in company profits through:

🌟 Simple Reversionary Bonuses

🌟 Terminal Bonuses

if declared.

🚀 Early Premium Payment Discount

Additional savings available for policyholders who pay renewal premiums before the due date.

❤️ Family Financial Security

Provides financial protection to loved ones through death benefit coverage.

📋 Plan Eligibility

👤 Entry Age

🎂 Minimum:

• 1 Month (20-Year Term)
• 3 Years (15-Year Term)

🎂 Maximum:

• 55 Years

⏳ Policy Term

📅 15 Years

📅 20 Years

💳 Premium Payment Term

✅ 12 Years Only

💰 Minimum Annual Premium

• ₹12,000 (up to age 50)
• ₹24,000 (above age 50)

🎁 Death Benefit

In case of an unfortunate demise during the policy term, the nominee receives the applicable death benefit.

The nominee can choose to receive:

💰 Lump Sum Payment

OR

📅 Regular Income over 5 Years

providing financial support to the family when they need it most.

🌈 Ideal For

👨 Young Professionals

👩 Parents Planning Children's Future

🏢 Business Owners

👨‍👩‍👧 Families Seeking Protection + Savings

💰 Individuals Wanting Periodic Cash Flow

🎯 Long-Term Financial Goal Planners

⭐ Major Advantages

✅ Money Back Every Few Years

✅ Life Cover Throughout Policy Term

✅ Premium Payable for Only 12 Years

✅ Bonus Participation

✅ Maturity Corpus Creation

✅ Family Protection

✅ Tax Benefits as per prevailing tax laws

✅ Online Purchase Available

💡 Example Illustration

A 25-year-old policyholder paying ₹24,000 annual premium for a 15-year policy term:

🎁 Receives ₹24,720 at the end of the 3rd year

🎁 Receives ₹24,720 at the end of the 7th year

🎁 Receives ₹24,720 at the end of the 11th year

💰 Receives maturity benefit along with eligible bonuses at policy maturity.