—Secure your tomorrow today!
Saving and Investment Plans
This is one kind of life plans that brings together two plans in one, saving and protection offering a life cover along with the benefits of a savings plan. Our endowment policy helps the policyholder to build a risk-free savings, and offers financial security to the family if there is any unfortunate event.
Our life insurance plans offer the building blocks to create a secure tomorrow. We believe in helping you protect what matters most, empowering you to achieve your dream and face life’s challenges head-on.
SAVING AND INVESTMENT PLANS
Covers Provided Under Endowment plans:
Ordinary endowment
Our ordinary endowment policy pays out the sum assured at the end of an agreed term if the policyholder survives, or it pays the sum assured to the dependents/beneficiaries in case of early death. This policy also generally offers surrender value and loan provisions for added flexibility.
Anticipated endowment
Anticipated endowment policy pays out the maturity value in three installments, offering a unique feature that provides death protection for the whole sum assured despite collecting partial sums. This policy ensures that policyholders receive protection, savings, and maturity values three times over the term.
Education endowment
Our education endowment plan is specifically designed to address the concerns of parents regarding their child’s future education expenses. By purchasing an education policy, parents can secure the necessary funds to ensure their child’s education without worrying about financial constraints.
Saving and Investment Plans
Does the Endowment Plan participate in profit sharing?
There are two premium scales available. One allows the policy to participate in profits determined by actuarial valuations. If you opt for this scale, you will receive a share of profits from our life business operations.
