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Which Are The Best Money Back Insurance Plans In India In 2021?

Published On Jul 01, 2021 11:00 AM By InsuranceDekho

Money Back Plans are the most opting plans by the policyholders nowadays for a long tenure. Financial obligations can strike anytime and funds are the most important source to tackle such obligations. Money Back is a plan that can provide you lump sum benefits whereas lump sum amount is the percentage of sum assured at regular intervals during the policy tenure and remaining sum assured is paid on the date of maturity. 

There are certain other features too that make this plan unique and popular from other available insurance plans. Certain features include Bonus facility, triple privilege of death benefit, maturity benefits and survival benefit all at the same place, risk free return,  insurance coverage facility during unforeseen situations one can easily opt for Money Back Policy to meet the phases at different stages of life. The Money Back Policy includes a wide variety of plans. 

In this Article, we will go through some Best Money Back Insurance Plans of India in 2021 through which you can acquire some good returns and safe saving options.

Best Money Back Insurance Plans of 2021 

There are wide variety of plans under Money Back but some of them are on top 5 which are as follows: 

  • LIC Money Back Plan 20 Years

    It is a non-linked participating insurance policy. It provides periodic payments at specified periods if you are alive during the policy tenure. LIC Money Back Plan 20 Years pays survival benefits at the end of 5th, 10th and 15th years whereas 20% of the percentage of sum assured is paid as survival benefits. Accrued Bonuses are paid on maturity along with benefits of maturity. It offers you triple benefits which includes death benefit, survival benefits and maturity benefits. 
  • HDFC Life Super Income Plan

    It is the most popular Life Insurance Plan offered by HDFC. Life Super Income Plan is a participating regular income plan on an individual basis. Premiums under the plan can be paid in terms of 8, 10 or 12 years. HDFC Life Super Income Plan offers guaranteed income at regular intervals for terms of 8 to 15 years. It is an ideal option for those who want to safeguard themselves and their families against financial obstacles. 
  • Reliance Super Money Back Plan

    This plan allows you the flexibility while paying the premiums of the policy. Under the plan, you will receive guaranteed monthly income by the Insurance Company whereas the monthly income you receive will increase every year. It provides financial security to your family members when needed. Reliance Super Money Back Plan helps you to plan your dreams and at the same time contribute their hands in fulfilling those dreams however, dreams can be any such as renovation of the house, abroad vacation and many more. 
  • Sbi Life- Smart Money Back Gold

    Smart Money Back Gold is an insurance cum investment life insurance plan. It is an individual non-linked, participating traditional Money Back Plan specially designed to fulfill your financial requirements at difficult times in life through its regular cash inflows benefit. Premiums can be paid yearly, half yearly, quarterly and monthly depending upon your requirements. Sbi Life- Smart Money Back Gold offers security to protect your family, reliability to get returns at continuous intervals and flexibility to choose the option of a Money Back Plan. 
  • Birla Sun Life Insurance Bachat Money Back Plan 

    It is a Traditional Non- Participating Life Insurance Policy. It does not offer any bonus facility but will have loyal additions. Birla Sun Life Insurance Bachat Money Back Plan offers survival benefits at the end year of every policy year from the commencement date of 3rd policy year. It offers you triple benefits including death benefit, maturity benefit and survival benefit. Guaranteed Maturity Benefit along with allotted survival benefit is paid on the date of maturity. 


You can purchase any among the above mentioned Money Back Plans based on your requirements. All the Money Back Plans are the best in their own ways. Money Back Plans are far less risky than any other plans. It is an ideal solution for those who are looking for life coverage as well as investment products at the same place. 

Also Read: Benefits Of A Money Back Policy

Term Insurance Plans Vs Money Back Plans

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.

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