Endowment Insurance Plan: Is It Really Good For Your Finances

[Nomad]

Insurance policies are primarily for compensating you with finances after the loss or damage, what if nothing happens? Well, in that case, your money will be just wasted. That's where endowment insurance plan comes in. This policy not only provides basic coverage but also provides you ensured amount along with bonuses after maturity.

 

[Augusta]

Yeah, An endowment policy is a life insurance contract that combines the benefits of insurance protection and savings.