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IndiaFirst Guaranteed Retirement Plan
IndiaFirst Guaranteed Retirement Plan

Reliance Term Plan
Reliance Term Plan



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IndiaFirst Guaranteed Retirement Plan
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Reliance Term Plan

IndiaFirst Guaranteed Retirement and Term Plan Premium

1 Premium
1.1 Minimum Premium
1.1.1 Min Premium
Kotak Preferred..
₹ 2088
Rank: 13 (Overall)
₹ 2000
Rank: 11 (Overall)
HDFC Life Group Credit Protect Insurance Plan Premium
1.1.2 Min Premium (Variable)
Depends on Premium Paying Mode and Frequency
Not Applicable
1.2 Maximum Premium
1.2.1 Max Premium
Metlife Traditi..
Not Available
Rank: N/A (Overall)
Not Available
Rank: N/A (Overall)
HDFC Life Pradhan Mantri Jeevan Jyoti Bima Yojana Premium
1.2.2 Max Premium (Variable)
Not Applicable
No Limit
1.3 Payment Options
Limited Pay, Regular Pay, Single Pay
Regular Pay
1.4 Regular Modes
Annual, Monthly, Quarterly, Semi-Annual
Annual, Quarterly, Semi-Annual
1.5 Top Up
Not Allowed
Not Allowed
1.5.1 Top Up Value
Kotak Invest Ma..
Not Available
Rank: N/A (Overall)
Not Available
Rank: N/A (Overall)
Pension Plus Premium

IndiaFirst Guaranteed Retirement and Term Plan Premium Comparison

IndiaFirst Guaranteed Retirement and Term Plan premium comparison can be done on the basis of minimum and maximum premium, if top up premium is allowed and also if premium waiver is available in case of critical illness or physical disability. Premium is the money paid by you so that the insurance company provides you a life cover. Premium waiver in case of critical illness or disability is a part of IndiaFirst Guaranteed Retirement Plan and Reliance Term Plan Provisions. Provisions are not a part of all insurance plans. But for some plans, such provisions can be bought at an additional cost in terms of riders.

Depending upon the type of plan chosen, premium can be fixed throughout the policy term or it can vary as age of the life insured increases. Premium may also vary according to the sum assured that you have chosen. Higher the sum assured, higher is the premium value. Fixed minimum premium for plan 1 is ₹ 2088. Variable minimum premium for plan 1: Depends on Premium Paying Mode and Frequency. Fixed minimum premium for plan 2 is ₹ 2000. Maximum premium is also defined on the similar lines. Variable maximum premium for plan 2: No Limit.

Premium Payment Options

Premium payment options for IndiaFirst Guaranteed Retirement Plan and Reliance Term Plan also include premium paying modes. For a life insurance plan, premium payment options are regular pay, single pay and limited pay. These define the frequency of premium payment. In regular pay option, there are different modes like monthly payment, quarterly payment, etc.

For IndiaFirst Guaranteed Retirement Plan:

  • Premium payment options: Limited Pay, Regular Pay and Single Pay.

For Reliance Term Plan:

  • Premium payment options: Regular Pay.
  • Regular premium paying modes: Annual, Quarterly and Semi-Annual.

In regular pay, you have to pay the premium at fixed regular intervals throughout the policy term. This premium can be paid monthly, quarterly, twice in a year or once in a year. If you choose limited pay mode, you'll have to pay the premium only for few years whereas in single pay mode, entire premium is paid at once.

Top Up for IndiaFirst Guaranteed Retirement and Term Plan Premium

Top up for IndiaFirst Guaranteed Retirement and Term Plan premiums, is an extra amount of money that you can pay at any time during the policy term. It helps to increase value of investment over a long period of time. Top up premium is not allowed for first plan and for the second plan, it is not allowed. If allowed, top up premium can be paid anytime along with your regular premiums.

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