INL Guaranteed Money Back Plus

IndusInd Nippon Life Guaranteed Money Back Plus is a non-linked, non-participating individual savings life insurance plan that provides both life insurance protection and guaranteed returns.

• You are required to pay the premiums for the chosen premium payment term.
• At the end of last four policy years immediately prior to the last policy year, you will receive Money Back Benefit which will be increasing every year.
• On maturity of the policy, you will receive a hefty lumpsum amount which consists of Guaranteed Loyalty Addition and Sum Assured on Maturity.
• These benefits will be paid even in case of an unfortunate demise and no premiums will be further required

You can pay the premiums for 5, 7,8, 10, 12 or 15 years depending on your need.

You can choose to be covered for as short as 15 years and as long as 25 years.

GLA is a year-on-year addition from the company into your policy, as a reward against your loyalty. Longer the policy term, higher the amount of addition. Also, the amount of GLA increases every 4 years.