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"Savings linked life insurance policy" tag

Insurance: Endowment policy, Exit & Who benefits from this policy?

What happens, if you want to exit from endowment policy? Let’s see what happens if you want to get out of the endowment  policy after purchasing this. It is called Surrender. If you have decided...


Insurance: Savings linked life insurance policy/ Endowment policy

Life insurance companies always innovate and come out with policies with maturity benefits along with a death benefit. Let’s understand endowment policy with an example: If you are aged 35 and purchasing a 20 year...