A money-back policy is a type of life insurance plan that provides periodic payouts during the policy term, ensuring liquidity along with life coverage. Unlike traditional insurance plans, a money-back policy offers both survival benefits and a lump sum payout at the end of the term, making it an ideal choice for those seeking financial security with regular returns. https://www.okbima.com/life-insurance/blog/money-back-policy-in-india-bid-387