IndiaFirst Life Insurance Company Ltd has declared its highest-ever bonus of ₹179 crore for FY26, reinforcing its commitment to delivering long-term value and financial security to participating policyholders.
The bonus, comprising both Reversionary Bonus and Terminal Bonus, will be distributed among eligible participating policyholders, enabling them to share in the surplus generated by the company’s participating funds.
Bonus reflects strength of participating funds
Participating life insurance policies offer policyholders bonuses over and above guaranteed benefits, allowing them to benefit from the performance of participating funds.
IndiaFirst Life said the record bonus declaration underscores its focus on building long-term financial protection through insurance solutions that combine protection, savings and wealth creation.
The company noted that the annual bonus is an important indicator of the financial health and operational stability of a life insurer, reflecting its ability to generate sustainable returns for policyholders.
Focus on long-term customer value
IndiaFirst Life Chief and Appointed Actuary Bhavna Verma said the bonus declaration highlights the company’s disciplined fund management approach and commitment to customer outcomes.
“Declaring our highest-ever bonus of ₹179 crore is a proud milestone for IndiaFirst Life and reflects the strength of our participating funds and our disciplined approach to managing customer savings. The company’s participating funds are managed in line with global best practices to provide customers stable annual bonuses and optimised long-term return through terminal bonuses.
As India moves toward ‘Insurance for All by 2047’, announcements like this demonstrate why life insurance remains a compelling and trusted vehicle for long-term financial security,” she said.
Product portfolio expands
IndiaFirst Life currently offers four participating insurance products. In May 2026, the company launched the IndiaFirst Life Growth of Life Dreams Plus Plan, expanding its participating product portfolio.
The plan offers policyholders cash bonuses with higher equity exposure aimed at wealth creation, alongside guaranteed income benefits that can extend up to 100 years, providing long-term financial support for families.
Customer-centric growth strategy
The insurer said its #CustomerFirst philosophy continues to guide product innovation and service delivery initiatives. The company remains focused on creating meaningful customer outcomes through transparent and accessible insurance solutions.
IndiaFirst Life added that it will continue to strengthen financial protection and long-term savings opportunities for customers while supporting the broader objective of increasing insurance penetration in the country.
Shareholding structure
Headquartered in Mumbai, IndiaFirst Life is among India’s youngest life insurance companies and has a paid-up share capital of ₹754 crore.
Its shareholding is led by Bank of Baroda with a 65% stake, followed by Carmel Point Investments India with 26% and Union Bank of India with 9%