In a money-back plan, the insurance provider will pay you a percentage of the sum assured at regular intervals. For example, if you buy a plan with a policy term of 20 years and payout interval of 5 years, you will get a pre-defined part of your sum assured on the 5th, 10th, 15th, and the final year of your policy. At maturity, you will get the balance sum assured. Also, your family remains protected against eventualities with the life insurance part of the plan.