IndiaFirst Life Elite Term Plan

• Enjoy the benefits of life cover for up to age 99 years.
• Enjoy high life cover at affordable rates.
• Secure your family’s financial future with a death benefit that can be taken as Lumpsum or monthly instalments.
• Avail tax* benefits on premiums paid & sum assured as per applicable tax laws

• Long Term Life Coverage  
• High Life Cover at Affordable Cost
• Flexible Premium Payment Term
• Death benefit can be taken as lumpsum, or monthly instalments for 5 years, depending on your family’s requirement.
• Tax Benefits on Premium and Sum assured as per prevailing tax* laws

*Tax exemptions are as per applicable tax laws as amended from time to time.

• Minimum Entry Age: 18 years
• Maximum Entry Age: 65 years
• Maximum age at Maturity: 99 years
• Policy Term: 5 – 81 years
• Premium Payment Term: Regular Premium (same as policy term).
• Premium Mode: Monthly / Quarterly/ Half Yearly / Yearly
• Minimum Sum Assured: Rs. 50 Lakhs
• Maximum Sum Assured: No limit.
• Minimum Premium: For monthly- Rs. 270 For quarterly- Rs. 803 For half-yearly- Rs. 1,587 For yearly- Rs. 3,100

• This is a non-linked, non-participating life, regular premium, individual pure term insurance policy.
• There are no charges applicable under this policy

• *Tax exemptions are as per applicable tax laws 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.