Money Back Insurance provides life cover and periodic payouts during the policy tenure. These payouts are usually a percentage of the sum assured and are made at regular intervals. In case of the policyholder’s demise during the term, the full sum assured is paid to the nominee, regardless of the payouts already received. This plan is ideal for those who need liquidity at different life stages—like funding education, planning a wedding, or managing household expenses—without compromising on life coverage. Insurance Lia helps you compare plans based on payout schedules, bonus rates, and policy terms to match your lifestyle and goals.