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Endowment Plan
It's a safest and surest method of guaranteed cash provision either at a specified time or at death (Allah forbid). Under these policies, the sum insured plus bonuses are payable at the end of the specified number of years or at death of the life insured if earlier. Premiums are payable for the specified number of years or till death, if earlier. The benefits under the plan can be further increased by attaching supplementary covers. For details of supplementary covers, please click here.
The plan serves the requirements of a family in various shapes by way of financial help at retirement, education of children or provision of capital for business. Click here for calculation of premium on your life under this plan.