Bajaj Allianz Life Insurance has launched a traditional money-back
plan – Bajaj Allianz Cash Rich,
which gives guaranteed cash back of 5% of the sum assured after completion of
premium payment term. The plan is a
limited premium payment, participating plan that provides cash benefits at
three stages of the policy life cycle.
Akshay
Mehrotra, Head-Marketing, Bajaj Allianz Life Insurance said, “By paying a small amount for a
few years, you can get returns year on year. The cash back at multiple stages
of the policy term makes the plan idea for all customer age groups –
youngsters, salaried people, married couples or senior citizens nearing
retirement – and help them meet various financial objectives with the
additional annual income. The low annual premium of Rs. 8000 makes it
affordable to a larger section of the population.”
Cash Rich – a unique (Money Back) Retirement plan that gives cash benefit in three stages
- Flexibility to select policy term from 10 to 65 years
- Guaranteed cash back of 5% of sum assured every year after completion of
premium payment term
- Option of limited premium payment term (PPT) from 5 years to 30 years in
multiples of 5 years
- Pay your future premiums in advance and get benefit of appropriate discounts
