![]() Online edition of India's National Newspaper Sunday, Sep 19, 2010 ePaper | Mobile/PDA Version |
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Tamil Nadu
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Coimbatore
BSLI Bachat (money back) plan offers payouts at regular intervals BSLI Bachat (Child) plan helps parents to provide for the child's future Coimbatore: Birla Sun Life Insurance Company Limited (BSLI) has introduced two new variants to its recently launched Bachat Plan. Fabien Jeudy, Chief Acturial Officer of BSLI, said that the launch of BSLI Bachat (money back) and BSLI Bachat (Child) plan closely followed the launch of Bachat (Endowment) plan in May this year. BSLI Bachat (money back) plan offered the same advantages along with payouts at regular intervals and on the other hand, BSLI Bachat (Child) plan would enable parents to provide for the child's future through regular savings. Money back plan key benefits are growth with regular money back as much as 20 per cent of monthly base premiums every 5 {+t} {+h}, 10 {+t} {+h} and 15 {+t} {+h} policy year, maturity benefit with Bachat additions and loyalty addition, safety and liquidity of savings, life cover to secure family's future needs and tax savings. Benefits Bachat Child plan offers the key benefits such as receiving monthly base premiums back after 20 years along with Bachat additions and loyalty additions, policy continuance in case of untimely demise of parents, provides double the sum assured for a nominal additional premium in case of accidental death, life cover to secure family's future needs and tax savings.
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