Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
Hurry Up!
Save upto ₹54,600 in taxes under 80C & 80D. Buy a term insurance plan now!
View Plans

Popular Money Back Insurance Plans in 2021

Updated On Oct 06, 2021

A survival benefit amount is paid to the life guaranteed under a money-back life insurance policy at various phases of the life insurance policy. Even if the life assured has already received the survivor benefits, the sum assured is paid to the nominee if the life assured dies within the insurance period. Surviving benefits are calculated as a proportion of the entire money guaranteed. After subtracting the periodical survival benefits, the sum promised is paid to the life assured when the money-back life insurance policy matures. If the life guaranteed dies during the policy term, even after receiving the periodical survival benefit, the whole sum assured is paid to the nominee, less the periodical survival benefit.

Top Money-Back Guarantees

The top money-back programmes in which you should consider investing your money are as follows:

1. ICICI Pru Cash Advantage Plan 

This plan delivers a guaranteed cash payment while supplementing your regular income. It generally begins the year following the end of the premium payment period. 

Features of ICICI Pru Cash Advantage Plan 

Following are some of the plan's characteristics.

  • It gives a lump sum payment, allowing you to secure your financial future.
  • You can pay the premium according to your comfort level and accessible payment options.
  • Even when you are not around, it provides all-around security for your family.
  • You will receive a bonus if the insurance provider announces one.

2. Edelweiss Tokio Life G CAP Plan 

GCAP supports you in accumulating wealth so that you can achieve your ambitious goals and enjoy your achievements. This plan has a fully guaranteed maturity benefit, a death benefit, and a Guaranteed Accrual Addition.

Features of  Edelweiss Tokio Life G CAP Plan 

Following are some of the plan's characteristics.

  • It offers guaranteed benefits that are stated upfront.
  • This plan allows you to customise the length of your insurance and the conditions of your premium payments.
  • In times of financial hardship, it also offers loan options and discounts.
  • Anyone between the ages of 91 days and 55 years old can apply for an insurance that lasts 10, 15, 20, 25, or 30 years.
  • A non-linked insurance plan that offers both maturity and death benefits, as well as guaranteed additions and benefits up front.
  • This plan allows you to customise the length of your insurance and the conditions of your premium payments.

3. HDFC Life Super Income Plan

The HDFC Life Super Income Plan guarantees income and asset appreciation for a period of 8 to 15 years. If you pick the single pay option, you'll start receiving a regular income in the second policy year and continue until the policy term ends.

Features of  HDFC Life Super Income Plan

Following are some of the plan's characteristics.

  • Issuance of a Payment Plan with a Single Premium
  • Reversionary and terminal incentives might help you boost your monthly revenue.
  • According to current tax rules, there are a variety of tax incentives available.
  • For this policy, there is a loan option.


A money-back to complete the insurance is one of the better methods to organise your life investment cover. You will not only get money at regular intervals during the policy term, a sum assured at the end of the policy term, and bonus amounts as indicated by the insurer, but you will also receive enough insurance coverage for the duration of the policy. A fulfilled money-back plan makes sense for an investor looking for a policy that gives guaranteed returns as well as rewards at different stages of life to pay for important future expenditures.

You may also like to read - Eligibility Requirements To Purchase A Money Back Plan

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

Popularly Opted Term Insurance Sum Assured

People Also Read

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers