FAQs

Life Insurance

10 Jan 2019

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Endowment plans are not pure insurance plans. They differ from vanilla insurance plans, as these plans involve investment part. In Endowment plans, there is a return of sum assured at maturity. These plans have both Death and Survival Benefit features. But this is not only the difference, as it provides survival benefits, the premiums are comparatively higher than the pure death benefit insurance plans.

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