Endowment Policy For A Combination Of Savings Along With Risk Cover
28 Jun, 2016 11:09 AM
An Endowment Policy is a combination of savings along with risk cover. Such policies are specifically designed to accumulate wealth and at the same time cover your life. The policies are issued for specific time periods during which you pay a regular premium.
If you die during the tenure of the policy, your beneficiaries will receive the sum assured along with the accumulated bonus additions and if you outlive the policy term you will receive the sum assured along with any accumulated bonuses.
An Endowment Policy is suitable for you if you want to accumulate capital for anticipated financial needs like buying an asset such as a home, providing for your old age, your children's education, marriage, etc.
For an endowment Policy suitable for you get in touch with Liberty Life Assurance we are at Liberty House, Mamlaka Rd.
