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Money Back Policy is one of the best insurance policies for people who want to secure the future of their loved ones. Read on to know what is money back policy and the basic terms related to the policy.
A Money-Back Policy is a dual benefit plan of investment-cum-insurance that offers regular returns at intervals during the term of the policy. With a money back policy, the insured can get life cover for his/her family members in the event of sudden death of the insured.
Also Read: Money-Back Policy: All You Need to Know About a Money-Back Plan
Conclusion
So, now that you know about the simple and basic terminologies of the best money back policy, we hope it guides you better in understanding insurance and helps you in the buying process. You can compare and buy money back policies online.
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PayBima Team
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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