Protect What Matters Most

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Term Life Insurance

Pure protection plans that secure your family's financial future in your absence.

High Cover at Low Cost
Tax Benefits u/s 80C
Critical Illness Riders
Claim Settlement Support
Return of Premium Options
Accidental Death Benefit

Why do you need it?

In India, the cost of living is rising. A term plan ensures your dependents can maintain their lifestyle, pay off loans, and fund education even if you aren't around.

ULIPs (Unit Linked Insurance Plans)

Dual benefit of insurance protection and investment growth in one plan.

Life Cover + Investments
Flexibility to Switch Funds
Tax Benefits u/s 80C & 10(10D)
Partial Withdrawals Allowed
Multiple Fund Options
Charges disclosed in the benefit illustration

How a ULIP works

A market-linked product with a five-year lock-in. Returns depend on the funds you choose and are not guaranteed. Charges for premium allocation, fund management, mortality and administration are set out in the benefit illustration, and we will walk you through them before you buy.

Whole Life Plans

Lifelong protection with guaranteed maturity benefits for your family.

Coverage Till 99-100 Years
Guaranteed maturity benefit as specified in the policy schedule
Cash Value Accumulation
Loan Against Policy
Estate Planning Tool
Maturity proceeds may qualify for exemption under Section 10(10D), subject to conditions

Lifetime security

Unlike term insurance, whole life plans provide coverage throughout your life and build cash value over time, perfect for legacy planning.

Annuity Plans (Pension Plans)

Secure regular income post-retirement for a financially independent future.

Guaranteed Regular Income
Immediate or Deferred Options
Life Annuity with Spouse Cover
Income that does not depend on market movement
Tax Benefits on Purchase
Payout rate fixed at purchase

Retirement peace of mind

Annuity plans ensure you receive steady income after retirement, helping maintain your lifestyle without depending on others.

Endowment Plans

Traditional insurance with guaranteed savings and bonus payouts.

Life Cover + Savings
Guaranteed Maturity Benefit
Bonuses, where applicable, are declared annually by the insurer and are not guaranteed
Tax Benefits u/s 80C
Fixed Premium Term
Loan Facility Available

Guaranteed benefit with life cover

Endowment plans are ideal for risk-averse individuals seeking guaranteed benefits along with life protection for specific goals like education or marriage.

Married Women's Property Act Policy

Exclusive ownership rights for married women to secure family wealth.

Proceeds held in trust for named beneficiaries
Protection from Creditors
Stands outside the policyholder's estate
Tax Benefits Available
Beneficiaries may be wife, children, or both
Estate Planning Tool

Financial security for wives

Under Section 6 of the Married Women's Property Act 1874, proceeds are held in trust for the beneficiaries named when the policy is taken out — wife, children, or both. They stand outside the policyholder's estate and beyond the reach of creditors.

Frequently Asked Questions

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First Ray Finserve

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