Endowment Insurance Policy pays a particular sum directly to the policyholder at an agreed stated date. This policy would also pay the full sum to policy holder’s beneficiary in the event of his or her death
- Typically maturities are 10,15 0r 20 years up to a certain age limit
- Policies are typically traditional with-profit or unit-linked
Benefits Of Endowment Policy
- These policy offer a risk-free savings plan to add to your portfolio and financial protection for your loved ones.
- If you have ever been denied other life insurance options for medical reasons, you could select the endowment policy
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