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Money Back Policy Value Calculator

Work out money back policy value instantly with clear inputs, formula shown and shareable results.

About Money Back Policy Value Calculator

A money-back policy returns part of the sum assured at fixed intervals as survival benefits, with the balance plus any terminal bonus paid at maturity. The death benefit normally remains the full sum assured regardless of survival payouts already made, which is the product's main attraction.

Formulas

Each survival payout

Payout = Sum assured x Survival benefit %

Maturity

Maturity = (Sum assured - Total survival payouts) + Sum assured x Terminal bonus %

Worked example

With the default values below, Money Back Policy Value Calculator returns Total benefits over the policy of $625,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Sum assured
500,000
Survival benefit at each interval
20
Number of survival payouts
4
Terminal bonus on sum assured
25

Results

Total benefits over the policy
$625,000.00
Each survival payout
$100,000.00
Total survival payouts
$400,000.00
Amount at maturity
$225,000.00

Step by step

  1. 1Values used
  2. 2Each survival payout
  3. 3Maturity
  4. 4Total benefits over the policy= 625,000.00
  5. 5Each survival payout= 100,000.00
  6. 6Total survival payouts= 400,000.00
  7. 7Amount at maturity= 225,000.00

Assumptions and limits

  • The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
  • Illustrative projection only. Bonus rates are not guaranteed and payout schedules vary by product. Not investment or insurance advice.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Illustrative projection only. Bonus rates are not guaranteed and payout schedules vary by product. Not investment or insurance advice.

Frequently Asked Questions

Do survival payouts reduce the death benefit?

Typically no — the full sum assured is payable on death regardless of survival benefits already received. Check the policy wording.

Are the returns competitive?

Liquidity is the selling point, not return. Implied yields are usually low relative to comparable fixed-income investments.

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