Buying a money-back insurance plan is not the end of your journey, and we understand that. With Get2Loan, experience the new way of purchasing, managing and getting service support on all types of money-back policies.
Round-the-clock assistance from our team of subject matter experts on all types of term policies for a lifetime.
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Here are some time-tested nuggets of wisdom from the desk of our in-house insurance gurus.
Money-back plans typically offer payments either annually (comparatively lower money-back) or in intervals of several years (comparatively higher money-back). If you go for the annual option, it is similar to having a second income. If you go for payments in intervals of several years, ensure you align these intervals to important family milestones like child’s graduation, child’s marriage, and so on.
The point is self-explanatory. If the insurer has your money for 10 years, the sum keeps compounding and becomes a large one. If, on the other hand, the insurer has your money for just 4 years, the money compounds for a shorter duration and you will receive lower returns. It is always wise to begin early in order to then enjoy larger returns. Start today so you can relax tomorrow.