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IndiaFirst Life Guaranteed Monthly Income Plan

IndiaFirst Life Guaranteed Monthly Income Plan

Watch your smile turn into happiness

Guaranteed income

  • This plan assures you guaranteed income coming your way every month

Get more than what you pay!

  • Get more than what you pay! Stand to receive from 105% to 125% of your premiums annually while we assure you the monthly regular support through payouts

Timely assured payouts

  • Set and achieve bigger goals with the help of timely assured payouts in this policy

Plan your income better

    • Plan your income better. Choose whether you want to start receiving your guaranteed monthly amount immediately post payment years or you prefer to wait a few years

Enhance your savings with the help of bonus at maturity

  • Stand to enhance your savings with the help of bonus at maturity while protecting your loved ones through a life cover in case of any unfortunate event.

Tax Benefits

  • You may also stand to get tax benefits for the premiums you pay and benefits you receive as per applicable tax laws
Age at Entry
Entry Age Years
Minimum 18 years
Maximum 50 years

Premium Paying Term

Premium Payment Term is 8 to 11 years. The policy term is a sum of the premium payment term, Gap year- 0/3/5 Years and guaranteed regular income term.

Basic sum assured

The basic sum assured will be calculated basis your (life assured’s) age, gender, annual premium, premium payment term or policy term and gap year chosen.

DISCLAIMER

"Bank of Baroda is authorized by the Insurance Regulatory and Development Authority to act as a Corporate Agent from 01.04.2019 to 31.03.2022 for procuring or soliciting insurance business of Life Insurance & General Insurance under Registration Code CA0004"

The contract of insurance is between the Insurer and the Insured; and not between the Bank and the Insured

Insurance is the subject matter of solicitation.

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