Endowment Plans
Endowment policies promise a lump sum at maturity or earlier death, merging insurance with conservative savings. Think of them as disciplined piggy banks guarded by life cover.
Guaranteed additions and bonuses help reach milestones—child’s wedding, dream refurb—without market volatility dramas.
“Save safely, protect surely.”
They suit risk‑averse folks wanting predictable returns plus family security.
Customer Benefits
- Assured maturity payout
- Low‑risk bonus additions
- Forced disciplined saving
Can loan be taken?
Yes, after surrender value.
Is surrender penalty high?
Drops with policy age.
How are bonuses declared?
Annually by insurer’s profits.
