Money-Back Plans are life insurance policies that provide periodic payments during the policy term along with life coverage. These plans ensure liquidity at regular intervals while also offering a maturity benefit, making them suitable for meeting short-term and long-term financial needs.
• Life coverage for the policyholder throughout the policy term
• Regular survival benefits or partial payouts at specific intervals
• Lump-sum maturity benefit at the end of the policy term
• Optional riders for critical illness, accidental death, or disability
• Tax benefits on premiums paid and maturity proceeds under applicable laws
Money-Back Plans are perfect for individuals who want periodic returns along with life protection. They provide financial support at regular intervals, ensuring both security for your family and planned savings for your future needs.