IndiaFirst Life Guaranteed Benefit Plan

• Flexibility to choose from Income Benefit or Lumpsum Benefit option
• Multiple Policy Term & Premium Payment Term options.
• Give your savings the extra boost with the Lumpsum benefit option.
• Support your loved ones through death benefit as a one-time payment or in instalments over a period of 5, 10 or 15 years.
• Life Cover throughout Policy Term. Life cover benefit continues even if you miss to pay 1 premium
• Option to add Waiver of Premium rider to ensure continuity of policy benefits even in case of unfortunate events

• Accomplish your future goals! Choose from Income Benefit or Lumpsum Benefit option as per your need.
• Tailor the plan to suit your requirements, as you get to choose from 4 varied options under the Income Benefit option.
• Get three-way boost in the Income Benefit option. Receive Monthly Income, Annual Income as well as Maturity at the end of the policy term.
• Give your savings the extra boost with the Lumpsum benefit option.
• Pay premiums only for a limited period while benefitting from your policy for an entire term
• Continue to enjoy life cover benefit for one full year even if you miss to pay one premium with this endowment plan(applicable after you have paid two full years’ premiums).
• Safeguard your family further by opting Waiver of Premium Rider. Protect them from the burden of paying future premiums in case of occurrence of death, accidental total permanent disability or any of the defined critical illness while continuing the benefits of the policy.
• Support your loved ones through death benefit as a one-time payment or in instalments over a period of 5, 10 or 15 years through IndiaFirst Life Guaranteed Benefit Plan
• 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.

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.

• Minimum Age for applying is 8 years for Lumpsum Benefit option and 4 years for Income Benefit option
• Maximum Age for applying is 60 years for Lumpsum Benefit option and 55 years for Income Benefit option
• Premium Payment Term of 5/6/7 Years for both options
• For Lumpsum Benefit Option - Minimum Policy Term is 10 Years and Maximum Policy Term is 16 years
• For Income Benefit Option – Flexibility to choose from 4 variants basis Premium Payment Term – Gap Period – Income Period: 5-5-5, 6-6-6, 7-7-7 or 7-8-6
• Minimum Sum Assured is Rs. 5,00,000 and there is no limit on maximum Sum Assured
• Minimum premium is Rs. 50,000 (Yearly), Rs. 25,595 (Half-Yearly), Rs. 12,950 (Quarterly) and Rs. 4,350 (Monthly), with no limit on maximum premium