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Endowment

Endowment: Overview

This is most popular saving product in which sum assured is payable either on death during the term or at maturity i.e. at the end of the term. The compounding bonus is declared every year and is added to sum assured. Bonus is non-guaranteed and depends upon profitability of insurance co. The policyholder has to select term while taking the policy itself. 

Endowment plan is a combination of term plan and saving plan. These plans are also available with limited premium payment term where by you can reduce your premium paying term. Premium in such plans are much higher than term plan. Endowments are considerably more expensive (in terms of annual premiums) than either whole life or term plans. Endowment policies are extremely popular. And we have all of them here.

Endowment: Premium

  • Search across 13 insurers and 45 endowment policies
    Get Premium of Endowment Insurance policies offered by all life insuance companies and secure your family's future.
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Endowment: Benefits

  • What does my family receive when I die within the term of my life insurance policy? 
  • Survival Benefits for Different Insurance Plans 
  • Children's Life Insurance Policies 
  • Endowment Insurance Plans 
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Endowment: Riders

  • Rider, adds the extra bit in life insurance 
  • Term Rider 
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Featured Interview

T R Ramachandran

"A lot of activity is happening on the Internet and it is emerging as an extremely important channel. If you allow for the explanation of the entire process online and make the customer complete the sale online, it will dramatically change the business model," T R Ramachandran, Chief Executive Officer & Managing Director, Aviva Life Insurance India Ltd.
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Endowment: Exclusions

  • Insurance is null and void if suicide is committed within a year 
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Decision-making Corner

  • Returns on Endowment Policy vs. Inflation Calculator
    Do the returns on my endowment policy beat inflation?
  • Returns on Children's Endowment Policy vs. Inflation Calculator
    Do the returns on my children's endowment policy beat inflation?
  • Calculator: Should I Continue My Endowment Policy?
    Use this calculator to find out if you should continue your endowment policy or invest the premium amount saved in other avenues.
  • Calculator: Should I Continue My Children's Endowment Policy?
    Use this calculator to find out if you should continue your children's endowment policy or invest the premium amount saved in other avenues.
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