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Table of Contents
What exactly is an Endowment Plan?
What are the benefits of an Endowment Plan?
Investor Suitability
Pointers to keep in mind when buying an Endowment Plan:
The Bottom Line
About Author
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Disclaimer
ABSLI DigiShield Plan is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 9 (Level Cover with Survival Benefit) and Plan Option 10 (Return of Premium [ROP]) this product shall be a non-linked non-participating individual life savings insurance plan. UIN: 109N108V11
¹ ABSLI DigiShield Plan scenario: Female, non smoker, Age: 21 years, level Term Insurance, Premium paying Term: regular pay, policy term: 25 years, Pay frequency: Annual Premium of Rs. 6500/12 months (on average Rs. 542/month) Exclusive of GST (offline premium).
2 Our life insurance policies cover COVID -19 claims under life insurance claims, subject to applicable terms & conditions of policy contract and extant regulatory framework.
3 Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
4 Provided all due premiums are paid.
ADV/1/22-23/2895
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