Bajaj Allianz offers 2 products; one each in traditional, ULIP

Mumbai, Jan 25 (PTI) Private insurer Bajaj Allianz todaylaunched two products, one in traditional and in unit linkedcategory, catering to the financial needs of various stages oflife.

"Both these insurance plans offer an opportunity forsecuring a better financial future. Designed to take care offinancial needs in various life stages, these two insuranceplans to offer one of the lowest premiums in the market,"Bajaj Allianz Marketing (Head) Akshay Mehrotra said in astatement here.

Super Cash Gain, a traditional money back plan, givescash back at regular intervals in the form of a periodicincome.

This product starts at a monthly premium of Rs 600 andcomes with the option to select up to four-times of base sumassured as life cover, it said.

Money Secure is a regular premium ULIP that providessecurity to investment with guaranteed maturity benefits.

Starting at an annual premium of Rs 7,000, Money Secure is thesmallest ticket-size ULIP from the stable of Bajaj Allianz, itadded.