InvestShield CashBak is a one of its kind market linked policy that gives the policyholder the benefit of capital appreciation while maintaining a balance between return, safety and liquidity.

Moreover, InvestShield CashBak also has the added assurance of a Premium Guarantee which ensures that in the event of the market returns being negative, the sum of all premiums paid is returned to the policyholder on maturity of the plan. In other words, InvestShield CashBak is a downside protected plan.

In addition to this, the policyholder gets a life insurance cover for protecting the family against the financial implications of the death of the policyholder.

As a market-linked plan with premium guarantee and enhanced life insurance, InvestShield CashBak offers a host of benefits to the policyholder.

Key Benefits:

Premium Guarantee:Sum of all premiums paid minus the partial withdrawals is guaranteed on maturity of the policy or death of the policyholder. This value is referred to as Guaranteed Value. The Guaranteed Value will come into play only if all the premiums due from the policyholder have been paid.

Partial Withdrawals: From the 6th year onwards, you are allowed one partial withdrawal per year, up to a maximum of 10% of your fund value till the end of the term

Maturity Benefit: On completion of term of the policy, the higher of the fund value or guaranteed value is paid to the policyholder

Death Benefit: On death of the policyholder, Sum Assured PLUS higher of fund value or guaranteed value at the time of death, will be paid out to the nominee of the life assured.

Tax Benefits: The premiums paid towards this policy are eligible for tax deductions u/s 80 C. Maturity proceeds and death benefits are eligible for tax exemption u/s 10 (10 d) as per prevailing tax laws.

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