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Showing posts with label What is Endowment Plan?. Show all posts
Showing posts with label What is Endowment Plan?. Show all posts

What is Endowment Plan?

An endowment Plan is designed to provide a lump sum amount after certain specified term or death of a person. The insured gets the sum assured along with bonus and guaranteed additions that accrues during the term.
Endowment Plan Meaning
Endowment plan is a type of life insurance coverage which is