IndiaFirst Group Term Plan

IndiaFirst Group Term Plan provides comprehensive group life cover to customers of saving account with Bank of Baroda. Tailored for Bank’s corporates and saving account holder, this group term plan offers flexibility in opting life cover as per the customer requirement. This a yearly renewable policy with options for adding new members and provides tax benefits.

Benefits
Features
Eligibility
Disclaimer

IndiaFirst Group Term Plan : Benefits

IndiaFirst Group Term Plan : Features

Life cover benefit available for your group at affordable rates.
Members can opt for voluntary or automatic schemes
Sum assured paid through Master policyholder to nominee
Amplify your cover with the Employee Deposit Linked Insurance (EDLI)
Flexibility to choose between three premium paying frequencies, namely - monthly, six-monthly, and yearly
Liberty to add new members during the plan year

IndiaFirst Group Term Plan : Eligibility

Age for Entry
Entry age	Years
Minimum	18 years
Maximum	70 years
Group Size
Group size	Count
Minimum	50 members (Under Group Term Assurance in lieu of EDLI: 20 members)
Maximum	NA

GTL Rates

IndiaFirst Group Term 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.