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Top 5 Money Back Plans To Invest in 2024

Updated On Jan 17, 2024

One of the most significant benefits of money return insurance is that it offers a consistent stream of income at specified intervals, allowing the insured to meet his or her financial obligations during the policy's duration. This plan also offers a guaranteed return on investment and the ability to diversify one's wealth through investment alternatives. With the information provided above, it should be apparent that this is a great choice for individuals who desire the benefits of both insurance and a stable income. So, how do we go from here? Now, if you want to invest in a money back plan, keep reading to find out about the best money back plans on the market.

Best 5 Money Back Plans in India 2024

The following are the best money-back schemes to consider:

1. ICICI Prudential Cash Advantage Plan 

While augmenting your regular income, this plan provides a guaranteed cash payout. It usually begins the year after the premium payment term has expired.

Features of ICICI Prudential Cash Advantage Plan 

The following are some of the plan's characteristics.

  • It pays out in a single lump sum, allowing you to plan for the future.
  • You can pay the premium using whatever method is most convenient for you.
  • It gives all-around protection for your family even when you are not around.
  • If the insurance company announces a bonus, you will receive it.

2. Edelweiss Tokio Life G CAP Plan 

GCAP assists you in acquiring wealth so that you can reach your lofty goals and revel in your accomplishments. A completely guaranteed maturity benefit, a death benefit, and a Guaranteed Accrual Addition are all included in this plan.

Features of Edelweiss Tokio LifeG CAP Plan

The following are some of the plan's characteristics.

  • It provides assured advantages that are clearly defined.
  • You may select the period of your insurance and the terms of your premium payments with this plan.
  • It also provides lending alternatives and reductions in times of financial distress.
  • Anyone between the ages of 91 days and 55 years old can apply for 10-, 15, 20, 25, or 30-year insurance.
  • A non-linked insurance plan with maturity and death benefits, as well as assured additions and benefits upfront.
  • You may select the period of your insurance and the terms of your premium payments with this plan.

3. HDFC Life Super Income Plan 

For a period of 8 to 15 years, the HDFC Life Super Income Plan provides assured income and asset appreciation. If you choose the single payment option, you'll start receiving a regular income in the second policy year and continue until the conclusion of the insurance term.

Features of HDFC Life Super Income Plan

The following are some of the plan's characteristics.

  • Single-Premium Payment Issuance
  • You might be able to enhance your monthly revenue by using reversionary and terminal incentives.
  • There are tax benefits according to current tax rules.
  • This policy qualifies for a loan.

4. Money Back Plus Plan by Tata AIA Life Insurance

The Tata AIA Life Insurance Money Back Plus Plan is a combination of life insurance and savings. Throughout the life of the plan, guaranteed payments are provided at regular intervals. b For added security, this plan includes an accident benefit.

Features of Tata AIA Life Insurance Money Back Plus Plan

  • Accidental Death Benefit is available.
  • The ability to pick between three different payment possibilities
  • There are two types of bonuses available.
  • Riders' Availability

5. Bajaj AllianzCash Assure Plan

Bajaj Allianz Cash Assure is a typical money back plan that offers life insurance as well as a savings option. This plan pays out a lump amount at regular periods over the policy's term.

Features of Bajaj AllianzCash Assure Plan

  • There are four policy periods available: 16, 20, 24, and 28 years.
  • Maturity Benefit is available.
  • Death Benefits are available.


One of the better ways to organize your life investment cover is to use a money back guarantee. You will not only get money at regular intervals during the policy term, a sum assured after the policy term, and bonus amounts as specified by the insurer, but you will also obtain adequate insurance coverage throughout the policy period.

A full money back plan makes sense for an investor searching for a policy that provides assured returns as well as benefits at various periods of life to pay for significant future expenses.

Also Read:

How To Choose The Best Money Back Plan?

Popular Money Back Insurance Plans in 2021

Disclaimer: This article is issued in the general public interest and is 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.

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