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Tag: endowment policy

Plan your Financial Goals with Endowment Policy
Business, Finance

Plan your Financial Goals with Endowment Policy

Despite you having a steady job and paycheck now, the future always remains uncertain. It is important to obtain an insurance plan to protect your financial sustainability and security in the future for your family.  An insurance plan may help you achieve all of this and may provide you with financial protection against a variety of calamities. There are different types of insurance policies among which endowment policy is the most popular one. Meet Financial Goals with Endowment Policy In an endowment policy, you pay a certain amount in the premiums for a certain period and get returns at the end of the term. If you wish to reduce the premiums, then your premium period also gets shorter than the policy’s operational duration. Endowment policies pay out money to policyholders eith...