Unique (Money Back) Retirement plan that gives cash benefits

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