Bajaj Allianz Cash Assure Plan is a traditional money back plan that offers both protection and savings.

Review 

  • Lump Sum amount at higher rate of return due to money back at regular intervals
  • 5 riders with extra coverage
  • Guaranteed Money Back up to 150% of sum assured

Benefits

  • Female policy holders get special rates
  • Tax benefit to insured under Section 80C for premiums paid and Section 10 (10D) for benefits received of Income Tax Act, 1961
  • Loans available on the plan provided surrender value is attainable
  • Lapsed policy can be revived within 2 years from first unpaid premium and before maturity of policy.

Key Features

Type

Traditional participating endowment insurance plan for individuals

Money Back

Guaranteed Money Back up to 150% of sum assured

Premium payment method

Monthly/Quarterly/Half-yearly/Yearly

Sum Assured

Minimum

Maximum

10 times the annualized premium

Based on underwriting

Coverage

Death Benefit

Maturity benefit

In the event of untimely death of the insured when the policy is still active, beneficiaries receive death benefit provided all premiums till death duly paid. It is the minimum amount of 105% of total premium paid. Will be paid even after survival benefits started.

Maturity benefit equal to 60% of sum assured including vested bonus and terminal bonus, if any, is paid on maturity of policy.

Entry Age

Minimum Age (years)

Maximum Age (years)

0

54

Maturity Age

Minimum Age (years)

Maximum Age (years)

18

70

Premium Tenure (years)

16,20,24,28

Survival Benefit

Money back

Payment Terms 16/20 / 24/ 28 years

1st 

4th 

5th 

6th 

7th 

2nd 

8th 

10th 

12th 

14th 

3rd 

12th 

15th 

18th 

21st 

Premium Frequency

Premium modes can be changed at every premium anniversary

Surrender of Policy

  • Policies can be surrendered at any time after paying full 3-year premium
  • Surrender value is higher than guaranteed Surrender  and special surrender Value

Grace Period (days)

Yearly, half yearly and quarterly payment

Monthly payment

30

15

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Corporate Agent (Composite)

CreditMantri Finserv Private Limited

CIN No

U72100TN2012PTC085154

IRDAI Registration Number

CA0665

Valid Till

01-Aug-2025

ADDRESS

CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002

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