Endowment plans: Table 14
Features:
* Moderate Premiums
* High bonus
* High liquidity
* Savings oriented.
Know about BIMA BICHAT:
Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.
The contract is valid for payment of the insured amount during:
The date of maturity, or
Specified dates at periodic intervals, or
Unfortunate death, if it occurs earlier.