Work out money back policy value instantly with clear inputs, formula shown and shareable results.
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.
Each survival payout
Payout = Sum assured x Survival benefit %
Maturity
Maturity = (Sum assured - Total survival payouts) + Sum assured x Terminal bonus %
Illustrative projection only. Bonus rates are not guaranteed and payout schedules vary by product. Not investment or insurance advice.
Typically no — the full sum assured is payable on death regardless of survival benefits already received. Check the policy wording.
Liquidity is the selling point, not return. Implied yields are usually low relative to comparable fixed-income investments.