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IndiaFirst Life · 143N070V01

IndiaFirst Life Elite Term Plan

IndiaFirst Life Elite Term Plan (IRDAI UIN 143N070V01) is a term life insurance plan for people aged 18 to 65 at entry, with cover up to age 99.

Premiums depend on age, cover, city, health and the options you choose. Where the insurer published a premium, the figure shown is for the exact profile stated next to it; your premium will differ. Comparezi does not sell insurance or give advice: check the insurer's prospectus and policy wording, which prevail.

In short

IndiaFirst Life Elite Term Plan is a term life insurance plan from IndiaFirst Life. Key specifications: maximum entry age 65 years, maximum maturity age 99 years, death claims settled (insurer) 98.22%. Among term life insurance here it fits best for cover to an older age.

Sample premium ₹10,303 a year*

*For: Healthy male life, age 30, Sum Assured Rs 1 crore, policy term 30 years, regular premium; 1st-year premium inclusive of GST and 10% 1st-year discount. Smoker status not stated.. Your premium will differ.

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Maximum entry age
65 years
Maximum maturity age
99 years
Death claims settled (insurer)
98.22%

Cons

  • Insurer paid a lower share of individual death claims than 81% of the 27 term life insurance plans on Comparezi that state it (98.22%)

Who should buy it

  • Best for Cover to an older age · What matters most? (pick any) #6 of 29 term life insurance for this

Who should avoid it

  • Not ideal for Insurer's claim payout record · What matters most? (pick any) #23 of 29

Full specifications

Eligibility

Minimum entry age 18 years
Maximum entry age 65 years
Maximum maturity age 99 years
Policy term 5 - 81 years
Minimum sum assured ₹50,00,000
Maximum sum assured No Limit subject to Board Approved Underwriting Policy

Plan

Plan options Option: Life Benefit
Premium payment Regular Premium: Same as chosen Policy Term; Monthly / Quarterly / Half Yearly / Yearly
Return of premium option No
Death benefit payout Lump sum; nominee option to receive level monthly instalments over a period of 5 years

Premium

Sample annual premium ₹10,303
Sample premium is for Healthy male life, age 30, Sum Assured Rs 1 crore, policy term 30 years, regular premium; 1st-year premium inclusive of GST and 10% 1st-year discount. Smoker status not stated.

Insurer

Death claims settled (insurer) 98.22%
Claims figures for FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
IRDAI UIN 143N070V01

About the Elite Term Plan

IndiaFirst Life Elite Term Plan (IRDAI UIN 143N070V01) is a term life insurance plan for people aged 18 to 65 at entry, with cover up to age 99. It is one of 29 term life insurance plans on Comparezi, from IndiaFirst Life.

Information only. Comparezi does not sell insurance, does not give advice and is not paid by insurers. The policy wording issued by the insurer prevails over this summary.

Eligibility and cover

  • Entry age: 18 to 65 years
  • Maximum maturity age: 99 years
  • Policy term: 5 - 81 years
  • Minimum sum assured: ₹50,00,000
  • Maximum sum assured: No Limit subject to Board Approved Underwriting Policy

Plan options

  • Options: Option: Life Benefit
  • Premium payment: Regular Premium: Same as chosen Policy Term; Monthly / Quarterly / Half Yearly / Yearly
  • Return of premium: Not covered
  • Death benefit payout: Lump sum; nominee option to receive level monthly instalments over a period of 5 years

How it compares on Comparezi

Of the 27 term life insurance plans on Comparezi with a stated maximum maturity age, 5 have a longer one and 5 have the same.

Premium

It depends on your age, cover, city and options. IndiaFirst Life's own published premium table gives ₹10,303 a year for this profile: Healthy male life, age 30, Sum Assured Rs 1 crore, policy term 30 years, regular premium; 1st-year premium inclusive of GST and 10% 1st-year discount. Smoker status not stated. Your premium will differ; get a quote from the insurer.

About the insurer

IndiaFirst Life paid 98.22% of individual death claims in FY 2024-25 (by number of claims, computed from IRDAI's published claim counts).

Similar plans from other insurers

Sources

Checked 6 November 2026. Values the documents do not state are left out rather than estimated. See how Comparezi checks data.

Alternatives

Alternatives to the Elite Term Plan

All term life insurance →

Bajaj Life

eTouch II

  • 65 years Maximum entry age
  • 99 years Maximum maturity age
  • 99.29% Death claims settled (insurer)
Sample premium ₹24,359 a year*

Bharti AXA Life

Flexi Term Pro

  • 65 years Maximum entry age
  • 99 years Maximum maturity age
  • 99.18% Death claims settled (insurer)
Sample premium ₹11,300 a year*

Head to head

Compare the Elite Term Plan

Questions

Elite Term Plan FAQs

It depends on your age, cover, city and options. IndiaFirst Life's own published premium table gives ₹10,303 a year for this profile: Healthy male life, age 30, Sum Assured Rs 1 crore, policy term 30 years, regular premium; 1st-year premium inclusive of GST and 10% 1st-year discount. Smoker status not stated. Your premium will differ; get a quote from the insurer.

143N070V01. The UIN identifies the exact product version filed with IRDAI; check it on your policy documents.

From 18 years to 65 years; limits can differ by plan option.

Up to age 99 at most; the limit can differ by plan option.

No. It is a pure term plan without a return-of-premium option.

98.22% of individual death claims were paid in FY 2024-25, by number of claims, computed from IRDAI's published claim counts. It is an insurer-wide figure, not one for this plan.

Data sources

  • Manufacturer official pages

Last updated

Product details

Disclosure

Links to insurers are not paid. Comparezi earns only from labelled ads, which never affect the Comparezi Score, the order of insurers, or the price shown, which is what the insurer listed when we checked.

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