Endowment Plan is a unique saving and protection scheme through which the Policyholder can get a particular amount of money at a specific time speculated on the basis of his/her future requirements. Endowment Plan is most suitable for people who are farsighted and want to fulfill their future needs.
The plan is flexible enough to respond to most individuals’ needs. It aims to deliver a substantial sum of money at the end of the savings period. The additional benefit comes in the form of life insurance cover. This plan is ideal for fulfillment of personal and family future needs, funds can be availed for the following:
• Income generation after retirement
• Establishment and expansion of business
• Children’s education and marriage
• Purchase of land or construction of house
• Loan repayments, etc.
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