Q1 – What is Money Back Plan ?
This is basically an Endowment Plan which offers an attractive combination of protection against death throughout the term of the Plan alongwith the periodic payments on survival at specified durations during the term @ of fixed percentage of Sum Assured. Some people prefer policy payments in installments at periodic intervals to meet their short term needs.
Q2 – What are the main benefits ?
Q3 – What are the disadvantages ?
Please select the insurance type