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IndiaFirst Life TULIP Plus

Explore IndiaFirst Life Tulip Plus, a customizable life insurance plan by Bank of Baroda. Secure your family’s future with affordable premiums and comprehensive coverage. Visit us now!

InsurerIndiaFirst Life Insurance Company Limited.Death benefitHigher of fund value, sum assured or 105% of total premiums paidInvestment options10 funds
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Quick eligibility check

IndiaFirst Life TULIP Plus

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you aged 3 to 65?

Published source: Entry and maturity ages

2Are you aged 18 to 85?

Published source: Entry and maturity ages

3Do you meet this requirement: Policy terms are 15, 20 or 25 years?

4Do you meet this requirement: premium-paying terms are 5–10 years?

5Do you meet this requirement: Minimum premium is ₹36,000 yearly, ₹18,000 half-yearly, ₹9,000 quarterly or ₹3,000 monthly, with no maximum stated?

6Document checkDo you have this required document or proof: Proposal Form and personal statement?

7Document checkDo you have at least one of these required documents: For natural-death claim: proof of age where not already admitted; signed claimant statement and claim-intimation report; QR-code-scannable death certificate; original policy document; nominee/claimant PAN or signed Form 60; nominee/claimant photo identity and address proof; nominee/claimant bank passbook first page and cancelled cheque showing printed name, account number and IFSC?

8Document checkDo you have this required document or proof: For unnatural death: medico-legal certificate, FIR, panchnama, inquest report, final viscera report, police investigation closure report and post-mortem report, as applicable?

9Document checkDo you have this required document or proof: Hospital discharge summary, admission notes and investigation reports where illness treatment relates to the death?

0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
IndiaFirst Life TULIP Plus official Bank of Baroda banner
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Policy typeIndiaFirst life insurance product; the exact plan is identified in the product title and policy document (retirement/annuity, savings, protection or unit-linked plan as applicable).View source
Each linked official brochure, customer information sheet or policy document identifies IndiaFirst Life as the life insurer; the plan-specific benefits remain in the product facts and tables.
Source
IndiaFirst Life official product documents
Page / section
Product title, policy schedule and insurer identification
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
InsurerIndiaFirst Life Insurance Company Limited.View source
The linked official IndiaFirst Life policy documents identify IndiaFirst Life Insurance Company Limited as the insurer.
Source
IndiaFirst Life official product documents
Page / section
Insurer name on the linked policy/brochure documents
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Sum insured / coverNo universal Sum Assured amount is published; the policy schedule records the selected Sum Assured and death benefit is the higher of Fund Value, Sum Assured or 105% of total premiums paid, subject to policy terms.View source
The policy defines Sum Assured as a schedule-selected amount and publishes the 105%-of-premiums death-benefit floor.
Source
IndiaFirst Life Term with Plus (TULIP Plus) policy document ( 143L073V02)
Page / section
Pages 4–7, Sum Assured and death benefit
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Death benefitHigher of fund value, sum assured or 105% of total premiums paidView source
The page defines the payable death benefit as the highest of these three measures.
Source
IndiaFirst Life TULIP Plus
Page / section
Death benefit
Accessed
20 Aug 2026
Confidence
high
Open official source ↗
Investment options10 fundsView source
The official page lists ten available funds.
Source
IndiaFirst Life TULIP Plus
Page / section
Fund options
Accessed
20 Aug 2026
Confidence
high
Open official source ↗
TULIP Plus benefitsTULIP Plus is a non-par unit-linked individual savings plan with 20× life-cover value, 10 fund options, unlimited free switches and premium redirection. Maturity pays fund value; death benefit is the highest of fund value, sum assured or 105% of total premiums paid. Mortality and premium-allocation charges are returned during the policy term.View source
The official Benefits and Features sections publish fund, life-cover, switch and death/maturity benefit rules.
Source
IndiaFirst Life TULIP Plus
Page / section
Benefits / Features
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
TULIP Plus eligibilityEntry age is 3–65 years and maturity age is 18–85 years. Policy terms are 15, 20 or 25 years; premium-paying terms are 5–10 years. Minimum premium is ₹36,000 yearly, ₹18,000 half-yearly, ₹9,000 quarterly or ₹3,000 monthly, with no maximum stated. ULIP withdrawals/surrender are unavailable during the first five years.View source
The official Eligibility Criteria and Disclaimer sections publish age, terms, premiums and the five-year liquidity lock-in.
Source
IndiaFirst Life TULIP Plus
Page / section
Eligibility Criteria / Disclaimer
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Entry and maturity agesEntry age 3–65 years; maturity age 18–85 yearsView source
The official eligibility table publishes entry and maturity ages.
Source
IndiaFirst Life TULIP Plus
Page / section
Eligibility Criteria
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Policy and premium-paying termsPolicy term 15, 20 or 25 years; premium-paying term 5–10 yearsView source
The official eligibility table publishes all term options.
Source
IndiaFirst Life TULIP Plus
Page / section
Eligibility Criteria
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
PremiumThe reviewed TULIP Plus policy document does not set one universal premium amount; premium frequency, amount and Sum Assured are selected in the proposal and policy schedule.View source
The policy defines annualised premium and schedule-selected cover but does not publish a universal premium tariff.
Source
IndiaFirst Life Term with Plus (TULIP Plus) policy document ( 143L073V02)
Page / section
Policy schedule, premium and benefit definitions
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Key exclusionsFor death due to suicide within 12 months from policy commencement or revival, the nominee receives the Fund Value at death intimation, with eligible post-death charges added back (rather than the normal death benefit). The policy also makes investment risk and policy charges subject to the ULIP terms; the complete contract governs.View source
The suicide clause states the 12-month window and Fund Value payment; the charges section lists premium allocation, administration, mortality, fund-management and discontinuance charges.
Source
IndiaFirst Life Term with Plus (TULIP Plus) policy document ( 143L073V02)
Page / section
Pages 14 and 20, grace period/charges and Suicide Exclusion
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Free-look period30 days from receipt of the policy document. Cancellation is subject to no claim and the policy’s stated deductions; refund is processed within 7 days of the request.View source
The policy provides a 30-day free-look period and says valid cancellation is processed within seven days, subject to stated deductions.
Source
IndiaFirst Life Term with Plus (TULIP Plus) policy document ( 143L073V02)
Page / section
Pages 2 and 12, Free Look Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Grace period30 days for yearly, half-yearly and quarterly premium modes, and 15 days for monthly mode. Benefits continue during the grace period; death benefit is paid after deducting unpaid premiums.View source
The grace-period definition sets 30 days for quarterly/half-yearly/yearly modes and 15 days for monthly mode.
Source
IndiaFirst Life Term with Plus (TULIP Plus) policy document ( 143L073V02)
Page / section
Pages 6 and 14, Grace Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Partial withdrawalAvailable after the first 5 policy years when the Life Assured is at least 18. Minimum ₹10,000 and maximum 20% of Fund Value per withdrawal; Fund Value after withdrawal must remain at least 110% of one full-year premium. No withdrawal charge is deducted.View source
The policy states the five-year/age-18 condition, ₹10,000 minimum, 20% Fund Value maximum, 110% post-withdrawal floor and no withdrawal charge.
Source
IndiaFirst Life Term with Plus (TULIP Plus) policy document ( 143L073V02)
Page / section
Page 11, Partial Withdrawals
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Revival requirementsWithin 3 years from the first unpaid premium, at the insurer’s discretion: written request, all unpaid premiums, declaration of good health and medical examination if required. The policy restores risk cover subject to its terms.View source
The revival clauses provide a three-year period and list the written request, unpaid premiums, good-health declaration and possible medical examination.
Source
IndiaFirst Life Term with Plus (TULIP Plus) policy document ( 143L073V02)
Page / section
Pages 10–11, Revival of discontinued policy
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsHigher of fund value, sum assured or 105% of total premiums paidView source
The manually reviewed product record states: “Higher of fund value, sum assured or 105% of total premiums paid”.
Source
IndiaFirst Life TULIP Plus — official product page
Page / section
Published product metadata
Accessed
20 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Higher of fund value, sum assured or 105% of total premiums paid

Eligibility

  • Entry age is 3–65 years and maturity age is 18–85 years. Policy terms are 15, 20 or 25 years
  • premium-paying terms are 5–10 years. Minimum premium is ₹36,000 yearly, ₹18,000 half-yearly, ₹9,000 quarterly or ₹3,000 monthly, with no maximum stated. withdrawals/surrender are unavailable during the first five years.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Proposal Form and personal statement
  • For natural-death claim: proof of age where not already admitted; signed claimant statement and claim-intimation report; -code-scannable death certificate; original policy document; nominee/claimant or signed Form 60; nominee/claimant photo identity and address proof; nominee/claimant bank passbook first page and cancelled cheque showing printed name, account number and
  • For unnatural death: medico-legal certificate, , panchnama, inquest report, final viscera report, police investigation closure report and post-mortem report, as applicable
  • Hospital discharge summary, admission notes and investigation reports where illness treatment relates to the death
  • For maturity claim: signed maturity claim-intimation form, original policy document, policyholder , cancelled cheque or passbook, address proof where changed and Declaration form where applicable
  • For revival: written request, unpaid premiums, declaration of good health and medical examination if required

Related official documents

IndiaFirst Life Term with ULIP Plus (TULIP Plus) policy document (UIN 143L073V02)official-policy-document · current · accessed 29 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Life-cover needs estimate

See whether your current cover and savings may leave a gap for your family. This does not calculate an insurance premium.

Possible cover gap₹1,15,00,000one crore fifteen lakh rupees
Income your family may need₹1,00,00,000one crore rupees
Cover and savings already counted₹5,00,000five lakh rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Lock-in period · Published rule5 completed policy years

This value is copied from IndiaFirst lock-in and access conditions. Check the table notes before relying on it.

Source: IndiaFirst Life Money Balance Plan policy document ( 143L017V07) · Pages 3–7 and 13; corresponding TULIP Plus policy clauses Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 2 columnsIndiaFirst ULIP lock-in and access conditionsCommon conditions transcribed from the current Money Balance and TULIP Plus policy documents.View tableHide table

Scroll sideways to view every column

IndiaFirst ULIP lock-in and access conditions
ConditionPublished rule
Lock-in period5 completed policy years
Partial withdrawalsAfter lock-in; subject to age, fund-value and product conditions
Free-look period30 days from receipt of policy document, subject to no claim and stated deductions
Risk commencementPolicy commencement/risk commencement date in the policy schedule
  • The individual policy schedule and product wording control; this table does not replace the full contract.
IndiaFirst Life Money Balance Plan policy document ( 143L017V07) · Pages 3–7 and 13; corresponding TULIP Plus policy clauses · accessed 29 Aug 2026Open official source ↗
Table 2 · 5 rows · 2 columnsTULIP Plus — withdrawal and claim conditionsPublished access rules and claim-document groups for the unit-linked plan.View tableHide table

Scroll sideways to view every column

TULIP Plus — withdrawal and claim conditions
ParameterPublished rule
Partial withdrawalAfter 5 policy years and age 18; minimum ₹10,000; maximum 20% of Fund Value; post-withdrawal Fund Value at least 110% of one full-year premium; no charge
LoanNo loan is available
Natural-death claimProof of age if needed; signed claim intimation; death certificate; original policy; /Form 60; claimant identity/address proof; bank passbook and cancelled cheque
Unnatural deathNatural-death documents plus police/medico-legal and hospital records as applicable
Maturity claimSigned maturity claim-intimation form; original policy; policyholder ; cancelled cheque/passbook; changed-address proof and Declaration where applicable
IndiaFirst Life Term with Plus (TULIP Plus) policy document ( 143L073V02) · Pages 11–12 and 19–20, Withdrawals, Loan and Making a Claim · accessed 31 Aug 2026Open official source ↗

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