IndiaFirst Life Long Guaranteed Income Plan

• Dual Income Options – Get income for a fixed period or for whole of your life
• Short term premium payment committmentFeatures
• Continued Cover

• Pay for shorter period and enjoy long-term benefits with this savings plan
• Guaranteed income to support you in fulfilling your financial goals
• Give a boost to your lifestyle needs with Definite Income Option. Get guaranteed income for a fixed period of 20 years
• Whole of Life Income Option - Get guaranteed income till 99 years of age
• Return of total premiums* paid at the end of the income benefit period
• Continue to enjoy full life cover benefit even if you miss to pay one premium (applicable after you have paid first two full years’ premium)
• Flexibility to receive death benefit as a lumpsum or as regular income for 5,10 or 15 years
• Option to add IndiaFirst Term Rider and IndiaFirst Life Waiver of Premium Rider
• for enhanced benefits
• 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.

• The entry age for applying is 8 years to 29 years for Definite Income Option and 30 years to 60 years for Whole of Life Income option
• Pay premium for 5/6/7 years for a fixed 10 year policy term
• Income Benefit Period is fixed for 20 years for Definite Income Option and Till Age 99 years for Whole of Life Income Option
• Minimum basic sum assured is Rs. 2,40,000 and no limit on maximum sum assured
• Minimum premium is Rs. 24,000 yearly, Rs. 12,286 half yearly, Rs. 6,216 quarterly and Rs. 2,088 on monthly frequency, with no limit on maximum premium