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IndiaFirst Life Little Champ Plan

IndiaFirst Life Little Champ Plan

Pen your child’s 'BIG' little stories

Life insurance cover

  • Complete financial protection of loved ones with safety of life insurance cover

Flexibility to choose the type of coverage require

  • Flexibility to choose the type of coverage required – Death with Accidental Death or Accidental Total Permanent Disability (ATPD) or a combination of these benefits.

In built Waiver of premiums (WOP)

  • Protection of dreams of the loved ones through an in-built Waiver of premiums (WOP)

Death Benefit

  • Get the advantage of choosing the Death benefit as a lump sum pay out or as regular income.

Choose from a range of 8 payout options

  • Choose from a range of 8 payout options offering guaranteed payouts from 101% - 125% of Sum Assured, during the policy term depending upon the needs.

Secured growth of your investments

  • Secured growth of your investments through bonus accumulation.

Tax benefits

  • Get tax benefits under Sections 80(C) and Section 10(10D) of the Income Tax Act, 1961.
Age at Entry
Entry Age Years
Minimum 21 years
Maximum 45 years
Premium Paying Term
Premium Payment Term is 7 to 14 years. Minimum and Maximum Policy Term will depend on the chosen Premium Payment Term
Sum Assured
Sum Assured Amount
(In Rs.)
Minimum 1,50,000 (for premium payment term 7 to 9 years)
2,00,000 (for premium payment term of 10 to 14 years)
Maximum No limit (Subject to underwriting)

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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