Bonus rates for IndiaFirst Life Little Champ Plan

The table below shows the Bonus rates declared for IndiaFirst Life Little Champ Plan from inception. You can use this to calculate the IndiaFirst Life Little Champ Plan Maturity Value. Reversionary Bonus for your policy is calculated as a percentage of sum assured.

In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:

Bonus Value = (Sum Assured x Bonus Rate / 100) = 5,00,000 x Bonus Rate / 100

Reversionary Bonus for IndiaFirst Life Little Champ Plan ( UIN -143N035V01)

Year	Bonus Rate
2018-19	5.50%
2017-18	5.50%

 

Interim Bonus for IndiaFirst Life Little Champ Plan (UIN - 143N035V01)

Interim bonus is applicable for exits after 31st March of the next year but before the declaration of the next year reversionary bonus.
As of now we dont have any inofrmation on this.

Terminal Bonus

Terminal Bonus refers to a one time payment which is applicable to your policy and is payable at the time of claim i.e either on death or maturity as the case may be.

As of now we dont have any information on terminal bonus of this plan.

Maturity Benefit

So to get to the Survival value of IndiaFirst Life Little Champ Plan, you have to add all of the following - Sum Assured +  Vested Simple Revisionary Bonus + Terminal Bonus (if any) + Interim Bonus (if any)

Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your IndiaFirst Life Little Champ Plan

Please contact the IndiaFirst Life's office for exact details of the bonus which has accrued in your plan.