Endowment Plans

An endowment plan is a type of insurance plan that offers life insurance and saving benefits. Read the guide to know about the endowment plan with an example in detail.

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Anish is looking to buy a laptop for himself. When he searches online, he comes across a wide range of laptops. While some laptops are general-purpose laptops, some are workstation laptops, and some laptops are specifically designed for gaming purposes.

Endowment plan provides insurance coverage and also helps you build a savings fund. Read this guide to know the benefits of Endowment Plans in detail.

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Ria, a banker, bought an endowment plan two years ago with the aim of accumulating enough funds to buy an apartment. Over the last two years, her liabilities have grown to a point where she can’t afford the premiums, and also, she no longer feels the need for an apartment.

Buying an insurance policy is a long-term decision. You have to pay premiums for a certain number of years and this money is locked in until you receive the benefits of the policy.

An Endowment Plan provides a disciplined route for investments. It fulfils your dual need for a life cover and savings under a single roof.

Endowment plans is a risk-free investment, but before making investment understand know how it works. Read this guide to know about it in detail.

An Endowment Plan is an investment coupled with an insurance policy. It offers you the best of both worlds. It helps secure your family’s financial future as well as save for your long-term goals.

Endowments Plans can be purchased from various sources. Read the guide to know the pros and cons of purchasing endowment plans.

Understand the difference between endowment plans and money-back plans in detail to make wise financial decision. Read this guide to know the similarities and difference between the both.