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Pune, India 19th September, 2011 - Under Bajaj Allianz Money Back Life Insurance Plans, CashRich has been recently launched to provide you with cash benefits at three important stages of your life. A regular stream of income always helps, but when they are matched with your life's goals, it leaves you with a smile.
The Key Benefits of Bajaj Allianz CashRich Plan
You can get cash benefit in three tranches:-
· Accumulated compound reversionary bonus on completion of premium payment term.
· Cash Back benefit of 5% of the sum assured plus cash bonus, if any declared every year, during the cash back period end.
· Sum Assured plus terminal bonus, if any on maturity of the policy.
You also get the flexibility to:-
· Select your policy term from 10 years to 65 years depending on your financial need.
· Select your limited premium paying term (PPT) from 5 years to 30 years, in multiples of 5 only.
· Pay your future premiums in advance and get benefit of appropriate discounts.
Also you get the option to:-
· Keep your policy in-force for full sum assured for a period of two years, even if you miss to pay your premiums on due dates, provided you have paid at least 3 years’ premiums in full.
· Convert your policy to a "single premium term cover with return of premium (ROP)" policy, if you miss to pay your premiums on due dates provided you have paid at least 5 years' premiums in full.
“Our vision for the company is to become the first choice insurer of customers, preferred employer for staff in the insurance industry, and to be the number one insurer for creating shareholder value. We try and bring just what the customers are looking for in their investment options and CashRich is one such scheme,” said a spokesperson for Bajaj Allianz.
To learn more about our investment and insurance services, whether it is travel insurance or home insurance, please visit http://www.bajajallianz.com/
CONTACT DETAILS: -
Name of Spokesperson: Gunjan Sen
Address:-
Bajaj Allianz General & Life Insurance Company Ltd.,
GE Plaza, Airport Road,
Yerawada, Pune 411 006
Tel: (+91 020) 66026666
Fax: (+91 020) 66026667
Mail ID: gunjan.sen@bajajallianz.co.in
