Pen your child’s 'BIG' little stories
IndiaFirst Life Little Champ Plan
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Benefits
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Eligibility
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Disclaimer
IndiaFirst Life Little Champ Plan : Benefits
Life insurance cover
Flexibility to choose the coverage type
Inbuilt Waiver of premiums (WOP)
Death benefit for family
Choose from 8 payout options
Secured growth of your investments
Tax benefits under section 80(C)
Tax benefits under section 10(10D)IndiaFirst Life Little Champ Plan : Eligibility
| Age for 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) |
IndiaFirst Life Little Champ Plan : Disclaimer
Bank of Baroda is authorised 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 business of Life Insurance, General Insurance & Standalone Health Insurance under the Registration Code CA0004". Insurance is the subject matter of solicitation. For more details on risk factors and terms and conditions, please read the sales brochure carefully before concluding a sale. The purchase of insurance product 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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