Endowment Plan
Secure Savings + Life Cover in One Smart Plan
An Endowment Plan is a dual-benefit life insurance policy that offers both protection and savings. It ensures financial security for your loved ones in case of an unfortunate event and helps you accumulate a lump sum amount through disciplined savings. Perfect for long-term goals like marriage, education, or retirement planning.
Why Choose Our Endowment Plan?
- Life Insurance Coverage – Financial security for your family
- Guaranteed Returns – Lump sum on maturity
- Bonus Benefits – Participating plans may offer yearly bonuses
- Savings + Protection – Ideal for long-term financial goals
- Loan Facility – Available after a few policy years
- Tax Benefits – Under Sections 80C and 10(10D) of the Income Tax Act
Frequently Asked Questions
Curious about how an Endowment Plan works? This section covers common questions to help you understand the benefits, savings, and life coverage offered by our Endowment Plans.For more information, feel free to reach out to us.
What is an Endowment Plan?
It’s a life insurance policy that provides a lump sum at maturity or death, whichever comes first. It acts as both a savings plan and a protection plan.
What happens if I survive the policy term?
You will receive the full maturity amount, including guaranteed returns and bonuses (if applicable).
Can I surrender the policy before maturity?
Yes. Surrender is possible after the lock-in period (usually 2–3 years), though early surrender may result in reduced benefits.
Are loans available on this policy?
Yes. Once the policy has acquired a surrender value, you can avail of a loan against it.
What if I stop paying premiums?
The policy may become paid-up or lapse, depending on how many years’ premiums have been paid. Revival is possible within a limited time.
Our Expert Suggestions
- Start Early – Lower premiums and higher maturity value
- Choose a term that matches life goals like education or retirement
- Check for Bonus Participation – Choose plans with regular bonus payouts
- Review Regularly – Reassess goals and coverage needs every few years
- Stay Committed – Full benefits come with staying invested long-term
Build Wealth with Peace of Mind
With an Endowment Plan, you don’t have to choose between savings and protection—you get both.
📞 Talk to our advisor or 📩 Get a customized plan today!