Thursday 10 January 2013

The Endowment Assurance Plan


The highlights of this plan is that it provides high bonus with moderate premiums to the policy holder and it guarantees high liquidity as it is a savings oriented plan. This policy mainly ensures a provision for the family of the Life Assured in event of early death. Also, if the proposer of the policy is alive, he can receive the money at a desired age.
The insured amount will be received only at the end of the term of policy after which it can be invested to receive annuity payments for the remainder of your life. Any individual can opt for this plan. You also get disability benefit, accident benefit, etc under this plan.

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