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Know About IndiaFirst Child Plans and Invest Better

Updated on May 20, 2024 , 402 views

Since the last few years, Child Insurance Plan have been attracting a lot of consumers. Undeniably, child insurance policies are about to become one of the essential insurance sectors, courtesy to a massive amount of benefits that they offer as your child grows.

On top of the inherent advantages, child insurance policies also help to save a significant unwanted financial burden. So, if you think you are ready to invest in one such policy, this post brings the best of IndiaFirst child plans to you.

IndiaFirst Child Plan

Find out what suits your requirements and then invest in an adequate plan accordingly.

Types of IndiaFirst Child Plans

1. IndiaFirst Life Little Champ Plan

This IndiaFirst term plan provides a regular guaranteed payout so as to finance the dreams of your child. Even during the absence of the policyholder, this plan assures secured financial condition by Offering either regular Income or lump sum amount as a death benefit. The Life Little Champ Plan comes with an inbuilt Waiver of Premiums (WOP) option that helps you protect the dreams of your child.


  • Tax benefits on the paid premium
  • Secured investment growth via bonus accumulation
  • A variety of payout options providing guaranteed benefits – from 101% to 125%
  • Choice of premium payment terms, policy terms and payment modes
  • Death benefit available in the form of a lump sum or regular income
Eligibility Criteria Requirements
Entry age 21 – 45 years
Policy tenure Depends upon premium payment term
Premium payment term 7 – 14 years
Sum assured Rs. 1,50,000 – Unlimited

2. IndiaFirst Happy India Plan

This IndiaFirst Term Insurance plan is a combination of investment and Life Insurance plan that is meant to secure the future of your child. With this plan, you can ensure the financial soundness of life whenever in extreme need. Throughout the plan, you will have to pay the premium. And, as far as the death benefit is concerned, it offers the same in lump sum amount. In case of the policyholder’s death, the company also waives future premiums off.


  • Disability benefit available as an additional rider
  • Tax benefits under sections 10 (10D) and 80c of the income tax Act
  • Option to withdraw partial money
  • During the plan, you get two chances to switch funds
  • Future premiums waiver off in case of the sudden demise
Eligibility Criteria Requirements
Entry age 18 – 50 years
Policy tenure 10 – 25 years
Premium payment mode Monthly, half-yearly or yearly
Sum assured Rs. 12,000 – Rs. 2.5 lakhs

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How to Apply for IndiaFirst Child Plans?

If you are ready to invest in any of this IndiaFirst child insurance, simply follow these simple steps to get done with it:

  • Go to IndiaFirst official website to select the appropriate child plans
  • Fill in your information, such as financial conditions and age to figure out a premium payment system that suits your requirements
  • Enter income and identity details, including the required information of your child
  • There is a possibility that you may have to take a medical exam to see whether you are eligible for the policy
  • Transfer the payment online and get a printable transaction Receipt to keep a proof

IndiaFirst Child Plans FAQs

1. Can I change investment options in my policy?

A: This option is only available in the IndiaFirst Happy India Plan. However, you can only avail this investment switch option only twice throughout your policy.

2. Which is the best option for my child?

A: Generally, both of the above-mentioned policy plans are adequate for your child. Both of them are also focused on long-term investments so that you get the maximum benefits. Rating any one wouldn’t be justified as they come with their own set of eligibility criteria and benefits. Thus, it is recommended that you assess them thoroughly, as per your requirements, to make a decision.

3. What are the mode options to pay the premium?

A: IndiaFirst provides you with a variety of options to pay premiums, such as Electronic Clearing System (ECS), which is available only in certain cities, cheque, cash, Debit Card, credit card, cash transfer and online payment.

4. How can I change the premium paying mode?

A: If you wish to change the premium payment system, it is recommended that you either contact the customer helpdesk or the policy manager. Also, changing the mode basically depends upon the policy and the investment duration that you have selected.

IndiaFirst Child Insurance Plan Customer Care

  • Customer Care Number: 1800-209-8700

  • Customer Care Email ID: customer.first[@]indiafirstlife[dot]com

All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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