What this service is about
This type of life insurance policy is more expensive than the term policy. In this policy the family of the insured gets insured amount on the demise of the insured within the tenure of the policy. In case the insured person survives beyond the tenure of life cover, they receive back the total amount of premium paid by them.
Who this may be relevant for
Individuals, families and businesses seeking to reduce the financial impact of specified life, health, asset, liability or operational risks.
What the conversation can help clarify
- Identify the risk being transferred
- Compare coverage scope, limits, exclusions and deductibles
- Coordinate quotation and documentation
- Review protection as needs change
Typical next-step structure
Questions about Money back Policy
This type of life insurance policy is more expensive than the term policy. In this policy the family of the insured gets insured amount on the demise of the insured within the tenure of the policy. In case the insured person survives beyond the tenure of life cover, they receive back the total amount of premium paid by them.
Individuals, families and businesses seeking to reduce the financial impact of specified life, health, asset, liability or operational risks.
Review coverage, sum insured, waiting periods, exclusions, deductibles, underwriting requirements, premium and claim conditions in the insurer's policy wording.