Money Back Plan

There are several kinds of life insurance plans in the market, but one of the most popular of the lot has to be Money-Back Plans.

In general, the majority of us invest to create a secure cash reserve that would secure us for a comfortable period of time.

Like the name suggests, a money-back plan pays your money back in the form of milestone-based payouts at specific intervals of time.

Imagine you want to purchase an Air conditioner. Various types of air conditioners are available in the market, including split ACs, window ACs, and portable air conditioners.

Your best friend just got married. You want to gift the couple something cool, and you feel couple-themed tees would be perfect.

While buying an electronic device, say a mobile phone, tablet, laptop, or smartwatch, you’re given a warranty of around one or two years.

A bonus is generally a reward or extra amount that you receive. For example, an employee of a company may receive a bonus during their appraisal for exemplary work.

Imagine you buy a smartphone online with a one-year warranty. For a while, the phone works perfectly.

Before making an important decision, we have always been taught to consider all the options and assess all our possibilities thoroughly.

When you purchase a money-back policy, there might arise certain situations wherein you do not require it anymore and wish to stop investing in it.

Life is unpredictable - you never quite know what will happen. Making a huge investment like an insurance policy is a life-altering decision

Now that you already know what a Money-back plan is and how it works, you'll also need to understand how the claim process works.

You are now aware that a money-back plan offers the dual benefits of investment and insurance.

When you buy a new house, what things do you check? You decide whether you can afford it

You meet two of your college friends, Jay and Arjun, for dinner after a very long time. While you guys are talking