Key Benefits of Protective Money Back
Plan your capital: Return of investment with guaranted extra 25%
Protect your Family's Future
Life Cover for entire Policy Term
Guaranteed Maturity Benefit
A smart insurance plan where you will get back your deposited basic premium topped-up with 25% of coverage amount at the term-end.
Plan your child's higher education or for the down payment of your home.
Even redo your home décor or even fund your child's marriage!
Features and benefits of Protective Money Back includes:
- Coverage upto 20 Crore
- Enjoy guaranted maturity benefits [100% Retund of Paid Premium + Extra 25%]
- Fixed Tem [10, 15 & 20]
- Convenient Premium Payment Options [Monthly, Quarterly, Half-Yearly & Yearly]
- Get Rebate on your Income Tax on Yearly Paid Premiums
- Loan Facility
- You can also opt for reduced paidup option for ease of policy continution
- Enjoy attractive discounts at our partner hospitals & cilinical labs with Protective Life Card
- Open you door to a rich network of more than 270 partner Hospitals & Clinical Labs
- This plan also allows you to avail following add-ons [riders] just for a liitle more premium: These riders are very popular among our customers.
- Option to avail Additional Accidental Coverage [PDAB/DIAB]
- Hospitalization Benefits upto 5 Lac for Yourself and every family members [Spouse & Child] individually
Terms & Conditions of Protective Money Back:
- Age: Min. 20 years to Max 50 years. At maturity age cannot exceed 60 years
- Loan, Reduced Paidup & Surrender option is also applicabale after successful completion 2 [Two] years tenure of the policy
- Premiun Convertion Rate:
- Yearly to Monthly = Yearly Premium X 0.0925
- Yearly to Quarterly = Yearly Premium X 0.275
- Yearly to Half Yearly = Yearly Premium X 0.525
- To enjoy Life Card Facility policy have to remain inforce
- Minimum Coverage amount is 1 Lac