Difference between health policy and money back policy
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Here is your answer mate.
A money back policy is a more complex life insurance policy than a term plan or a standard life insurancecover that pays the sum assured to the insured party on maturity.
It provides certain amounts called survival benefits in addition to the sum assured and a bonus from the insurancecompany based on its performance.
Hope it helps .
MARK AS BRAINLIEST.
A money back policy is a more complex life insurance policy than a term plan or a standard life insurancecover that pays the sum assured to the insured party on maturity.
It provides certain amounts called survival benefits in addition to the sum assured and a bonus from the insurancecompany based on its performance.
Hope it helps .
MARK AS BRAINLIEST.
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