When you care for those who are no less than family.

  • Benefits
  • Features
  • Eligibility
  • Disclaimer

IndiaFirst Group Term Plan : Features

  • Life cover benefit available for your group at affordable rates.
  • Members can opt for voluntary or automatic schemes
  • Sum assured paid through Master policyholder to nominee
  • Amplify your cover with the Employee Deposit Linked Insurance (EDLI)
  • Flexibility to choose between three premium paying frequencies, namely - monthly, six-monthly, and yearly
  • Liberty to add new members during the plan year

IndiaFirst Group Term Plan : Eligibility

Age for Entry (For Non-Employer Employee group)
Entry age Years
Minimum 14 years
Maximum 85 years
Age for Entry (For Employer Employee group)
Entry age Years
Minimum 18 years
Maximum 85 years
Age at Maturity
Age at maturity Years
Minimum NA
Maximum 86 years
Group Size
Group size Count
Minimum 50 members (Under Group Term Assurance in lieu of EDLI: 20 members)
Maximum NA

IndiaFirst Group Term Plan : Disclaimer

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". Insurance is the subject matter of solicitation. 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.

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Select Life Insurance Type
  • IndiaFirst Life e-Term Plus Plan
  • IndiaFirst Life Guaranteed Benefit Plan
  • IndiaFirst Life Guaranteed Pension Plan
  • IndiaFirst Life Guaranteed Protection Plan
  • IndiaFirst Life Long Guaranteed Income Plan
  • IndiaFirst Life Money Balance Plan
  • Indiafirst Life Radiance Smart Invest Plan
  • IndiaFirst Life Saral Bachat Bima Plan
  • IndiaFirst Life Smart Pay Plan
  • IndiaFirst Life Wealth Maximizer Plan
  • IndiaFirst Smart Save Plan

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The use of any of the Insurance’s tie up partners website is subject to the terms of use and other terms and guidelines, if any, contained within tie up partners website.

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