- Survival Benefits: Money is paid to the policy holder every few years over the lifetime of the policy. The payment gets started after some years of the start of the policy and continues until maturity.
- Death Benefits: The nominee of the policy gets the death benefit of the insured person. This benefit includes sum assured of the money back policy and bonus accumulated on the policy.
- Maturity Benefit: This benefit is received by the insured person on the maturity of the money back plan and includes three components Sum Assured : This is the total cover that is chosen by the insured at the start of the policy.
The Bonus: This includes the accrued reversionary bonuses declared by the insurer. The latter mostly depends on the performance of the company.