IndiaFirst Life Insurance Company
With Headquartered in Mumbai, IndiaFirst is one of India's youngest life insurance companies promoted by two Indian public sector bank, Bank of Baroda and Andhra Bank a joint venture along with Legal & General, UK's leading risk, wealth and investment Company. Bank of Baroda holds 44% stake in the Company, while Andhra Bank and Legal & General have 30% and 26% stakes respectively. Currently with a partner network bank branches of 6000 across the country the Company serves over 1000 cities and towns across the nation. So far it has insured more than 2.7 million lives.
The Company offers a wide range of plans to cater the need of every individual like saving plans, wealth, investment funds, insurance plans, protection plans, pension plans, term plans, child plans and other policies. It is also offering a wide gamut of group insurance products ranging from credit life, term to employee liability (gratuity and leave encashment) plans. India First Life Insurance Company Ltd not only fulfills all the needs of the customer additionally the plans offered to the customer is also very economical premium. IndiaFirst Life Insurance Company works on the principal of Bancassurance ie bank insurance model by existing base of promoter banks branches.