IndiaFirst Life Insurance is the youngest life insurance company in India with a rich legacy of over 360 years of combined service of its promoters - Bank of Baroda, Andhra Bank and Legal & General.
This joint venture brings together a real understanding of the Indian consumers by the promoter banks with international best practices developed by Legal & General. Shri. Pranab Mukherjee, Honorable Finance Minister, Government of India launched our nationwide operations in Delhi in March, 2010.
Headquartered in Mumbai, with a capital base of Rs. 455 crore we are one of the most capital efficient life insurance companies in the industry today. Bank of Baroda holds a 44 per cent stake in IndiaFirst, while Andhra Bank and Legal & General hold a 30 per cent and 26 per cent stake respectively.
IndiaFirst have already achieved substantial progress during our first year of operation.
IndiaFirst set up new benchmarks in bancassurance in terms of branch activisation, productivity and customer friendly sales processes.
IndiaFirst aim to place customers First in everything they do and believe they can differentiate themselves through simple, easy to understand products, fair price, high quality service and honest advice.
IndiaFirst have initially focused on the bancassurance model leveraging the existing branch network of over 4,500 branches of our promoter banks across the country. We plan to further strengthen our distribution reach by launching our alternate channel of distribution.
This combination of domain expertise, customer knowledge, product innovation and nationwide reach has helped IndiaFirst cross the 1 lakh policies mark since it commenced operations and establish a customer base spread across more than 1000 cities and towns in India.
IndiaFirst initial product range covers the typical needs of protection (term insurance), savings, education and retirement.
IndiaFirst will follow this with a whole range of wealth accumulation, health, and group insurance plans.
Indiafirst Life insurance provides different & best Plans and Policies such as
1.Smart Saving Plan
2.Young India Plan
3.Life Plan
4.Anytime Plan
5.Simple Life Plan
6.Tax Saving Plan
7.Annuity Plan
8.Secure Save Plan
Website Address: www.indiafirstlife.com/web/insurancestore/home
Contact Person: Hetal Mehta
Contact Number: 9213239395, 9250072636
Email Address: i.sanya@gmail.com