Pure endowment plan
A pure endowment plan is the opposite of a term insurance plan. In this plan
the life insurance company promises to pay the life insured a specified amount
(sum insured) only if they survive the term of the plan. If the life insured
dies during the tenure of the plan then they will not be entitled to anything.
So in short, this plan offers only maturity benefit in the event of the life insured surviving the entire tenure of the plan. There is no death cover.
Anand Khemka
+91-9910936925
+91-8287041341
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