Chennai: IndiaFirst Life Insurance Company Limited, promoted by Bank of Baroda and Union Bank of India, has launched IndiaFirst Life Fortune Plus Plan.
This non-linked, participating, individual life, limited premium savings plan is designed to provide a holistic and long-term safety net, it said.
According to Rushabh Gandhi, Deputy CEO, IndiaFirst Life Insurance Company Limited, ‘Fortune Plus Plan is the first āCash Bonusā plan in our innovative product suite. In line with our #CustomerFirst philosophy, the plan gives our customers the flexibility to encash the cash bonuses. Alternatively, the customer can accumulate these bonuses and earn additional interest on them. This product is especially suited for those who want to retain the option of having additional liquidity during the policy term.’