Save, secure and prosper.
IndiaFirst Life Cash Back Plan
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Benefits
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Features
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Eligibility
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Disclaimer
IndiaFirst Life Cash Back Plan : Benefits
- Regular assured payouts
- Upside of Guaranteed additions
- Flexibility payment and term options
- Limited premium payment
IndiaFirst Life Cash Back Plan : Features
- Pay for a limited period under the policy and enjoy periodical pay back through the policy term.
- You can pay during your earning years but stay invested for longer (9/ 12/ 15 years) based on your requirements.
- Enjoy every joyous moments of your life through guaranteed pay-outs at regular interval during the policy term.
- Enjoy the boost of guaranteed additions that are paid into your policy after completion of every policy year!
- The policy offers a Risk Cover equal to Higher of 10 times the annualized premium or sum assured on maturity along with accumulated guaranteed additions.
- Tax benefit may be available on the premiums paid and benefits received as per prevailing tax laws.
*Tax exemptions are as per applicable tax laws as amended from time to time.
IndiaFirst Life Cash Back Plan : Eligibility
- For a 9 year plan, the minimum age for applying is 15 years and maximum age is 45 years respectively
- For a 12 year plan, the minimum age for applying is 15 years and maximum age is 50 years respectively
- For a 15 year plan, the minimum age for applying is 15 years and maximum age is 55 years respectively
- The maximum age at the time of maturity is 70 years
- Minimum sum assured is Rs.50,000. There is no limit on maximum sum assured (subject to underwriting.)
IndiaFirst Life Cash Back Plan : Disclaimer
Bank of Baroda is authorized by the Insurance Regulatory and Development Authority to act as a Corporate Agent from 01/04/2022 to 31/03/2025 for procuring or soliciting business of Life insurance, General insurance & Standalone Health insurance under Registration Code CA0004". For more details on risk factors, terms and conditions please read the sales read sales brochure carefully before concluding a sale. The purchase of Insurance products by Bank of Baroda customers is purely on a voluntary basis. The insurance products are underwritten by the respective insurance company. Bank of Baroda does not perform any insurance e-commerce activity on its website. The contract of insurance is between the insurer and the insured; and not between the Bank and the Insured.
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