Endowment Insurance
Endowment insurance combines life coverage with savings, offering fixed, guaranteed returns after a set period while ensuring financial protection for your loved ones. It’s designed to help you grow your money while securing your future.
Key Features
- Provides both life insurance coverage and a savings component.
- Ensures a guaranteed payout at the end of the policy term.
- The insured receives a lump sum payout at the end of the policy term if they survive.
- If the policyholder passes away during the term, their beneficiaries receive a sum assured.
Suitable For
- Individuals looking to build structured savings with a specific goal and timeline.
- Those who prefer a low-risk, predictable investment option.
- Anyone seeking an alternative source of income with a guaranteed lump sum payout.
- People who want financial protection for their loved ones while saving for major life goals like homeownership, education, or starting a business.
Information/Documents needed for Endowment Insurance
- Photo of Valid Government-Issued ID
- Name
- Contact Information and Email Address
- Residence Address
- Name and Details of Beneficiaries
