Why Endowment Plans?
Why Endowment Plans+? These plans offer basic life cover to the policy holder. Along with life insurance, some Endowment Plans also offer additional benefits like Tax Benefit, Death Benefit, Maturity Benefit and Annuity Benefit. These plans also provide riders like accidental death benefit, critical illness, permanent disability, etc. Thus in the event that the policy holder is not able to pay premium, the money that he has invested, is returned back to him.