Endowment
- An Endowment plan is a disciplined stream for investing money. Endowment plans in investment have well-structured insurance policies that keep the principal amount intact for the future benefit's of the investor.
- It provides maturity benefits and guaranteed returns to the insured as a fixed benefit if he survives the specific policy term.
- The majority choose an Endowment plan for the benefit of receiving the amount of maturity, as it can be an efficient cover to several financial requirements of the beneficiaries.