Endowment Policies

An endowment plan is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Endowment policy also pay out in the case of critical illness. Endowment policy are typically traditional with-profits or unit-linked including those with unitised with-profits funds the holder then receives the surrender value which is determined by the insurance company depending on how long the policy has been running and how much has been paid into it.

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Endowment Policy

The endowment plans are the life insurance policies that fulfil dual objectives. An endowment policy could be used to create a risk-free savings corpus and provides financial protection to the family in case of any unforeseen event. The lucidity of an endowment plan makes it a lucrative savings plan for one and all. An endowment policy acts as the shield of financial security for the policyholder and the family.

What is an Endowment Policy?

Endowment policy are a type of life insurance policy, which provides the combined benefit of insurance coverage and savings. Endowment plan helps the insured to save regularly over a particular time period in order to avail a lump-sum amount at the maturity of the policy. The maturity amount is paid in case the insured survives the entire tenure of the policy.

However, in case of an unfortunate demise of the insured during the policy tenure, a sum assured amount as death benefit along with bonus (if any) is paid to the beneficiary of the policy. Besides this, endowment policy also helps to create financial cushion for future so that one can meet the long-term and short-term financial objectives of life.

Best Endowment Plans in India 2022

Endowment Policies Entry Age (Min-Max) Maturity Age (Min-Max) Policy Term Premium Paying Mode Minimum Sum Assured Maximum Sum Assured Premium Paying Term
Aviva Dhan Nirman  Endowment Policy 4 - 50 years 28 - 75 years 18 - 30 years Yearly, Half-yearly, quarterly and monthly Rs20,0000 Rs10,00,0000 14 - 18 years
AEGON Life Premium Endowment Policy 18 - 55 years 18 - 60 years Policy Term- 10 Years Yearly, Half- Yearly or Monthly 10 times of annual premium N/A Premium Paying Tenure- 8 years
BSLI Vision Endowment Plan 1-55 years N/A 20 years Yearly, Half-yearly and monthly Rs. 1,00,000 No Limit 7-10 years
Bajaj Allianz Endowment Policy 1 - 60 years 18 - 75 years 15 - 30 years Yearly, Half-yearly, quarterly and monthly Rs 1,00,000 No Upper Limits 5 years
Bharti AXA Life Elite Advantage Plan 6-65 years 75 years for a 10-year policy 10-12 years Yearly, Half-yearly, quarterly and monthly Depending Upon the Premium Amount 5 Years for a 10-year policy
77 years for a 12-year policy N/A 7-12 years for 12-year policy
Exide Life Jeevan Uday Plan 0-55 years 70 years 10, 15 or 20 years Half-yearly or Yearly Rs. 42,000 No Limit 10 years
Future Generali Assure Plus 3-55 years 70 years 15-20/25 years Yearly, half-yearly, quarterly and monthly Rs. 1,00,000 No Limit 7, 10, 12 ,15, 17 or 20 years
HDFC Life Sampoorn Samriddhi Plus
30 days-60 years 18 years- 75 years 15 years- 40 years Yearly, half-yearly, quarterly and monthly Rs.65,463 No upper limit 35 year
HDFC Life Endowment Assurance Policy 18 - 60 years 18 - 75 years 10 - 30 years Yearly, Half-yearly, quarterly and monthly N/A N/A 10 - 30 years
ICICI Pru Savings Suraksha 0-60 years 70 years 10-13 years Yearly, half-yearly, and monthly Depending upon the age 10 times of the annual premium 5,7, 10, 12 years or equal to the policy term
IDBI Federal Endowment Policy 18 - 55 years 18 - 100 years Premium paying term+ Payout period Yearly, Half-yearly, quarterly and monthly Rs10,000 No upper limits 12 - 30 years
IndiaFirst Maha Jeevan Plan 5-55 years 70 years 15-25 years Yearly, half-yearly, and monthly Rs. 50, 000 Rs. 2,00,00,000 Equal to the plan term
Jeevan Nivesh Plan 18-55 years N/A 10-30 years Monthly or annually Annual Mode Rs. 3,00,000 and Monthly Mode Rs. 5,00,000 No Limit 5,7 or 10 years
Kotak Classic Endowment Policy 8 - 60 years 18 - 75 years 15 - 30 years Yearly, Half-yearly, quarterly and monthly Rs. 61,071 No Upper Limits 7 - 15 years
Kotak Premium Endowment Policy 18 - 60 years 18 - 70 years 10 - 30 years Yearly, Half-yearly, quarterly and monthly Rs61, 317 No Limits 10 - 30 years
LIC New Endowment Policy 8 - 55 years Nil- 75 years 12 - 35 years Yearly, Half-yearly, quarterly and monthly Rs 1,00,000 in multiples of 5,000 No Upper Limits 12 - 35 years
Max Life Whole Life Super Plan 18-60 years N/A 10-22 years Yearly, Half-yearly, quarterly and monthly Rs. 50,000 No Limit 10, 15 or 20 years
MetLife Bhavishya Plus Plan 20-45 years 69 years 12-24 years Yearly, Half-yearly, or monthly Rs. 92, 320 Rs. 5,00,000 Equal to the Plan Term
Pramerica Roz Sanchay 8 years to 50 years for a 16-year policy and 45 years for 21 years 66 years 16 or 21   years Yearly, Half-yearly, or monthly Rs. 1,00,00- for 16 year policy and Rs. 2,00,000 for 21 year policy Rs. 5,00,00,000 12 years for a 16-year policy and 16 years for a 21-year policy
Reliance Nippon Life Super Endowment Plan 8-60 years 22- 75 years 14-20 years Monthly, Quarterly, Half-yearly and yearly Rs.1 Lakh No Upper Limit Half of the policy term (7 years- 10years)
Reliance Life Insurance Super Endowment Policy 8 - 60 years 22 - 75 years 14 - 20 years Yearly, Half-yearly, quarterly and monthly Rs10,000 No Upper Limits 7 - 10 years
Reliance Endowment Policy 5 - 50 years 18 - 60 years 10 - 25 years Yearly, Half-yearly, quarterly and monthly Rs65,261 No limits 10 - 25 years
Single Pay Endowment Assurance Plan 8-50 years 60 years 10/15 years Single Pay Rs. 4,00,000 No Limit Single
Sahara Dhan Sanchay Jeevan Bima 14-50 years 70 years 15-40 years Yearly, half-yearly, quarterly and monthly Rs. 50, 000 No Limit Equal to the policy tenure
SBI Life Smart Bachat 8-55 years 65 years 10-25 years Yearly, half-yearly, quarterly and monthly Rs.1 Lakh No Upper Limit 5,7,10 and 15 years
Shriram New Shri Life Plan 30 days-65 years 75 years 10-25 years Yearly, half-yearly, quarterly and monthly Rs. 50,000 No Limit 5-25 years
SUD Life Jeevan Super Plus 18-55 years 70 years 13-30 years Yearly, half-yearly, quarterly and monthly Rs. 3,00,000 Rs. 100,00,00,000 Equal to the plan tenure or 10 years
SBI Life Endowment Policy 18 - 60 years 18 - 60 years 5 - 30 years Yearly, Half-yearly, quarterly and monthly Rs75,000 No Limits Minimum Premium Tenure- Single, Maximum Premium Tenure- 30 Years
TATA AIA Life Insurance Fortune Guarantee Plan 8-55 years 65 years 10 years Yearly, Half-yearly, quarterly or monthly 10 times the annual premium 5 years
See More Plans

Disclaimer: “Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.”

Types of Endowment Policy

Types of Endowment Policy

  • Unit Linked Endowment Plan-

    This is a fixed-term saving plan which also provides the benefit of life coverage. Under this plan option the premium paid by the insured is bifurcated into different units held under a particular investment fund, as chosen by the insured person. The return on investment entirely depends on the market performance of the fund. This plan option is best suitable for individuals who have a high-risk appetite and who want to gain high return on investment.

  • Full/With Profit Endowment-  

    Under this plan option, the basic sum assured amount equal to the death benefit is provided to the insured person. This amount is guaranteed from the starting of the policy. Moreover, the final payout paid to the insured is comparatively higher, as it includes total sum assured amount plus additional bonus (if any).

  • Low-Cost Endowment-

    This type of endowment plans are specifically designed to help the insured to accumulate a fund for the future, which have to be paid after a particular time period. Generally, low-cost endowment plans are used for the repayment of mortgage, loans, etc.  In case of demise of the insured during the policy term, the target amount is paid as minimum sum assured to the beneficiary of the policy.

  • Non-profit Endowment-

    In non-profit traditional endowment policy, a sum assured amount is paid to the policyholder as maturity benefit or to the beneficiary of the policy as a death benefit.

  • Guaranteed Policy

    Endowment insurance policies guarantee that a sum of money will be given to you or your beneficiaries whether you live until the insurance policy matures or you die early. The face value of an endowment policy will be given to the policyholder on the "maturity date" or to the beneficiary of the life insurance policy in the event the insured dies. The bonuses under the policy are not guaranteed. Thus with endowment policy you get the dual advantage of guaranteed policy benefits and non guaranteed bonues.

Fixed Deposits Vs 100% Guaranteed Return Plans

Features Fixed Deposits vsGuaranteed
Tax benefit on premium
Tax paid on return* As per tax slab* No Tax
Maturity Value Guaranteed Upfront Guaranteed Upfront
Life Cover
As per prevailing tax lows*

Benefits of Endowment Policy

Endowment policies give you the following benefits:

1. They are low risk plans to invest in since the maturity benefits are guaranteed. 2. The endowment policy gives your loved ones financial security. 3. Endowment policies help you avail tax benefits.

  • Additional Bonus on Endowment Policy

    There are various types of bonuses declared by an insurance company. Bonus is an extra amount of money additional to the proceeds, which is distributed to a policyholder by an insurer. Only holders of with-profits policy are entitled to a share in these profits and the payment of this bonus is conditional on the life insurer having surplus funds after claims, costs, and expenses have been paid in particular year.
    The bonuses are classified as.

    Reversionary Bonus: Additional money added to the amount payable on death or maturity of with-profits policy. Once a reversionary bonus has been made it cannot be withdrawn if the policy runs to maturity or to the death of the insured.

    Terminal Bonuses:A discretional additional amount of money added to payments made on the maturity of an insurance policy or on the death of an insured person.

  • Rider Benefits

    One can purchase the following rider benefits with his/her endowment plan:

    • Accidental Death Rider: Opting for this rider gives policyholder an additional benefit of accidental death with a death benefit. In other words, the nominee gets accidental death benefit in case of accidental death of the policyholder along with the death benefit.

    • Critical Illness Cover: This rider works as a boon when the policyholder is diagnosed with a critical illness such as heart attack, cancer, kidney failure, etc. Taking this rider provides a lump sum amount to the policyholder on detection of any such critical illnesses.

    • Disability: This rider is proved as one of the most useful riders as it provides financial help to the policyholder in case of permanent or partial disability.

    • Hospital Cash Benefit: Under this rider, the policyholder gets a daily allowance in case of hospitalization. With cash benefit, this rider also covers post-hospitalization expenses.

    • Waiver of Premium: With this rider, the policyholder is not liable to pay any premium for his/her endowment plan if he/she suffers from permanent disability or critical illness.

  • Maturity Benefits

    pon surviving the term of the policy or upon the end of the policy or maturity, the insured receives sum assured plus bonus for the term of the policy. The amount receivable upon maturity is tax-free. This is the maturity benefit under an endowment policy.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Features of Endowment Policies

Salient Features of endowment policy are:

  • Death along with Survival benefits: The nominee/beneficiary gets the sum assured along with bonuses, in case of the demise of the insured before the maturity of policy. And, the insured is entitled to get the sum assured if s/he outlives the policy.

  • Higher returns: An endowment plan not only provides financial protection to the family and dependents of the policyholder in case of the unforeseen demise of the insured but also helps build a corpus for the future. Whether it is the survival benefit or death benefit, the payout of an endowment plan can be much higher than that of a pure life insurance policy.

  • Premium Payment Frequency: The policyholder can make regular, single or limited payments of the premium based on the policy chosen by him/her. One can also choose to pay in frequencies on the yearly, half-yearly, quarterly, or monthly basis.

  • Flexibility in Cover: Policyholders can add riders, such as critical illness, total disability, and accidental death, to the plan and increase their life cover. A few plans also give offer premium payment waiver in case of permanent disability or critical illness.

  • Tax Benefits: The policyholder gets tax exemption on both the premium payments and maturity or final death payouts, under Section 80C and Section 10(10D), respectively.

  • Low Risk: Endowment policies are safer as compared to other investments plans like mutual funds or ULIPs, as the amount is not invested directly in equity funds or the stock market.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Who should buy Endowment Policy?

As per the experts, individuals having a regular stream of earnings and who require a lump sum after a certain period of time should consider purchasing endowment plans.

Endowment plans offer a disciplined route for building a corpus, which will help the dependents of the insured in case of financial contingencies. Small businesspersons, salaried individuals, and professionals like lawyers and doctors must buy endowments plans to meet their long-term financial goals. Moreover, endowment plans are an ideal option for people who do not mind settling for fewer returns and are risk-averse. Alternatively, endowment policies are for the common mass rather than for people belonging to the super-rich class.

However, individuals who are interested only in life cover and not the saving component must choose a term life insurance policy. A term plan is not only affordable, but also offers higher cover at the lower premium than the endowment policies.

Under what Circumstances should one buy an Endowment Policy?

Everyone needs some risk-free, guaranteed returns investments as a part of their portfolio. Hence, endowment plans must be bought by the individuals who want to

  • financially protect their family and dependents

  • build a corpus to fulfill their investment objectives for a longer period

  • ensure goal-based savings

However, such regular premium plans must be bought only when the insured is reasonably particular about a steady flow of earnings, which would aid him/her in paying premiums regularly. As these plans have a long-term nature, the longer the term of the policy, the better the total benefit. Hence, people who have an irregular income might take single pay or flexi pay plans, but not the regular payment endowment plans.

Why should an Individual buy an Endowment Policy?

Endowment policies provide a disciplined means of saving money for the future needs. An additional advantage is life risk coverage, which would help the family and other dependents of the policyholder if something troublesome happens. One may find the returns lesser, but they are risk-free in case of certain sum assured. One can also avail tax benefits subject to some conditions.

This is why the risk-averse investors prefer endowment plans. Apart from offering a life cover to the insured in case of an unforeseen event, it also offers the maturity amount to the policyholder if s/he survives the policy term.

What to see when buying an Endowment Policy?

One should see the following things before purchasing an endowment plan:

  • Begin early planning: Making investments at an early age offers a long horizon to invest. This aids the insured to build a vast corpus over time. This facilitates a disciplined saving and ensures better returns because of its power of compounding.

  • Review the flexibility option: There are various flexible options. If the insured is a salaried individual, s/he may choose a regular payment endowment policy. There are single payment options for individuals with irregular income.

  • Know different types of Endowment Policies: If an individual wants to invest in endowment plans, it is necessary for him/her to make frequent premium payments. A portion of the premium is used to buy a life insurance plan. The remaining sum is invested on either a non-profit basis or profit basis type of plan.

  • Select a plan that offers riders: A lot of insurance companies offer additional benefits like education endowment, double endowment policy, or marriage endowment policy. One must keep such riders in mind while buying one for them. Some insurers also provide additional riders towards surgical assistance or critical illness.

  • Bonuses: The bonuses are provided by the insurance companies as per the performance of the company. An insurance provider, who makes profits from his/her investments, distributes some part of the profit at the end of every policy year.

  • Non-Guaranteed and Guaranteed Returns: Apart from low-risk insurance policies and dual benefits of savings and death cover, many of the endowment plans as well provide a combination of non-guaranteed and guaranteed returns.

How does an Endowment Policy work?

In case the policyholder dies before the maturity of the plan, the nominated beneficiary gets only the fixed amount termed as Sum Assured. As the insured live longer s/he gets bonuses, and if s/he outlives the term of the policy, s/he gets the maturity amount, i.e. Sum Assured + Bonuses.

Are the endowment policies for you?

According to financial experts, those who have a regular source of income and require a lump sum amount after a certain time can consider purchasing an endowment policy. So, if you have a regular income and need for a specific amount of money after a period of time, then you can get endowment policy.

Generally, salaried employees, small business owners, professionals like lawyers and doctors can look out for endowment policies for meeting the long term financial requirements.

Claim Process of Endowment Plan

The beneficiary should inform the insured about the death soon after the death of the policyholder. As soon as the insurer gets to know about the loss, a claim form is forwarded to the nominee.

Fill the Claim Form:

The claim form should be signed by the beneficiary/ nominee of the policyholder/ assignee or legal heirs for getting the death benefit. The loss statement should be provided by the last treating doctor who has checked the insured. The certificate should be provided by the authorities of the hospital where the insured is being treated. Statement of a witness and death certificate, who was present at the time of cremation, must be given. If the insurance company needs a discharge voucher, then it should be provided after filling the voucher. For effective and fast sanction of the death benefit, an additional form as mentioned below should be provided:

  • Post Mortem’s certified copy, police investigation report, and First Information Report – in the situation of the death of the policyholder was unnatural.

  • Employer’s e-certificate, if the insured was working in an organization.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Endowment Vs. Money Back Policy

The common difference between endowment and money back policies are:

Money Back Policies Endowment Policies
Advantages of receipt term
  • The policyholder receives a percentage of sum-assured in regular intervals and the applicable bonuses and rest of the sum assured, if any, are provided at the end of the term of the policy upon maturity.
  • If the policyholder survives at the term of the policy, then at the maturity of the policy, the applicable bonuses and agreed sum assured are paid to the policyholder.
Death benefit
  • Both the plans pay the applicable bonuses and sum assured, if any, in case of the death of the policyholder during the term of the policy.
Who should purchase?
  • If one needs a regular income flow for meeting the short-term financial requirements, then a money back plan is suggested.
  • If one is looking for a policy mainly for the savings then he/she is suggested to invest in an endowment policy.

Endowment Policy Vs Term Insurance

Endowment Plans Term Insurance Plans
  • An endowment plan offers the combined benefit of insurance coverage plus savings.
  • The premium rates of endowment plans are higher as it offers maturity benefit along with additional loyalty bonus (if any).
  • The endowment policies do not offer higher sum assured amount as compared to term plan.  This is because; an endowment plan is a saving cum insurance plan, which offers maturity benefit.
  • An endowment plan a lump-sum payment is made to the beneficiary of the policy as death benefit or maturity benefit is paid to the insured person after the completion of policy tenure.
  • Term insurance is a pure life cover insurance policy, which provides financial protection to the family of the insured in case of any eventuality.
  • The premium rates of term insurance policies are lower as it offers only death benefit into the beneficiary of the policy in case of unfortunate demise of insured during the tenure of policy.
  • The term insurance plan offers a higher sum assured amount, as it offers only risk cover.
  • In term insurance plan, the beneficiary receives the sum assured amount as a death benefit in case of demise of the insured person during the tenure of the policy.

Endowment Policy Vs ULIPs

Endowment Plans ULIP plans
  • Endowment plans are insurance cum savings plan.
  • The lock-in period of endowment plan depends on the plan and premium payment tenure of the policy, generally its 2-3 years.
  • Endowment plan lack transparency as there is no investment portfolio.
  • At the time of policy maturity, the insured will receive the sum assured amount plus bonus (if any).
  • The insured person cannot make any changes to the policy.
  • The endowment plan offers guaranteed returns
  • ULIP plans are insurance cum investment plans.
  • ULIP plan comes with a lock-in period of 5 years.
  • The insured can easily track the entire investment portfolio.
  • The insured can gain investment returns at the time of policy maturity.
  • The insured have the option to make free switches of funds to the entire investment policy.
  • The returns on ULIP plan depends on the market performance of funds.

List the documents required for purchasing an endowment plan

Mentioned below is the list of documents required for applying an endowment plan:

  • Age proof

  • Photograph

  • Completely filled proposal/ application form

  • Residence or address proof

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

What does happen when an endowment policy matures?

When the policyholder outlives the policy term and the policy matures, he/she gets a lump sum amount as maturity bonus.

Are endowment plans tax-free?

The maturity amount that a policyholder gets from his/her endowment plan is tax-free. Moreover, as per the law of the Income Tax, the death benefit that the beneficiary gets upon the death of the policyholder is also tax-free. However, the amount that one pays a premium for his/her endowment plan is taxed.


  • Q: What is an Endowment Policy?

    Endowment policy is a type of Life insurance policy. It covers the life insured for a specific period of time. If the Life insured survives till the end of that specified period (maturity period), he will be paid the lump sum assured along with bonuses (if any) by the Insurance Company. If the Life insured dies within the maturity period the Insurance Company will pay the sum assured to the beneficiary.
  • Q: How endowment plan is different from Term insurance plan?

    The main difference between an endowment plan and term insurance plan is as follows- In case of term insurance plans, a lump sum is paid to the beneficiary if the Life insured dies within the maturity period. If the death of the insured does not occur within the maturity period, no sum is payable by the Insurance Company. Whereas in case of endowment plans, if the insurer dies before the maturity date, the nominee will get lump sum assured by the insurance company. But if the life insured survives till the policy maturity period, he will be paid the sump assured along with the accrued bonus (if any).
  • Q: What are guaranteed in endowment plans and what are not?

    The lump sum of money assured by the Insurer will be given to the Insured if he survives until the policy matures. If the insured dies early, that is before the policy maturity period, his beneficiaries will get the lump sum assured by the insurer. This is the only guaranteed part of the endowment policies that you will get the assured sum on the policy maturity date or before in case of early death of the insured. What is not guaranteed in the policy is the bonus. You will receive bonus or not depends on the number of years the policy was in force.
  • Q: What are the additional bonuses on endowment policy?

    Bonus is the money paid additionally with assured sum by the Insurance Company to the life insured. There are mainly two types of additional bonuses on endowment policy : Reversionary bonus: This is the extra money that is paid additionally to the sum assured at the time of early death of maturity of the policy. Terminal bonuses: It is a discretional extra amount of money paid additionally on the maturity of the policy or the early death of the life insured.
  • Q: How to know whether I should buy endowment policy?

    An endowment plan not only provides all the basic benefits of a life insurance plan but also some additional benefits like ‘double endowment’ , ‘educational endowment’ , ‘marriage endowment’ plans etc.. The policy holder is also allowed to add riders with the basis plan. But endowment plans can be a bit more expensive than any other traditional life insurance plans. Always read and understand the rules and regulations as well as the features and benefits of the policy thoroughly before buying a policy. So depending on your requirements and your financial capability you have to decide whether you should buy an endowment plan or not.
  • Q: Who needs an endowment plan?

    Endowment plans give the triple benefit of life coverage, savings and wealth growth. So an endowment plan is appropriate for anyone of any age if he/she is looking for a policy which gives more than just life coverage.
  • Q: Is endowment policy good?

    Endowment policies are a great investment option for individuals who want to save money in a disciplined way in order to fulfil the future financial needs. Along with the benefit of savings, it also provides life protection to the family of the insured in case of any eventuality.
  • Q: Should I invest endowment policy?

    If you want to inculcate the habit of savings along with the benefit of insurance coverage, then the endowment plan is one of the best options of investment for you.
  • Q: How is an endowment policy taxed?

    The premium paid towards the policy and the maturity proceeds are applicable for tax exemption under section 80C and 10(10D) of Income Tax Act. 1964.
  • Q: Do endowment policies payout on death?

    Yes, in case of demise of the insured person, a lump-sum amount is paid as a death benefit to the beneficiary of the policy
  • Q: Can I receive bonus along with the assured sum after the policy matures?

    Yes, the life insured can get bonus, provided the policy is run for a certain minimum period of time. So it is not guaranteed.
Traditional Plan
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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Guaranteed Plan
Endowment Policy

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Endowment Policy Insurance Reviews & Ratings
4.6 / 5 (Based on 50 Reviews)
(Showing Newest 10 reviews)
Sohna, August 06, 2021
Addon options
When I was buying endowment plan six months ago, I was also given options to choose additional benefits that increased overall investment. As I am in my young years, I am still learning to use my money wisely and I think endowment plan is a good step forward.
Panipat, August 06, 2021
Inbuilt life cover
The things I liked most about buying endowment plan through policbazaar was its inbuilt live cover. I am getting dual benefits of insurance and investment. I recommend this plan to whoever want to get similar benefits.
Ambala, August 06, 2021
Good tax savings
Every year I have been saving tax for the amount I am investing in endowment plans. The returns are also tax free. I am glad I bought this plan three years ago from policybazaar.
Sohna, June 13, 2021
Risk free savings
Endowment plans are helping me build a risk free corpus and offering my family the financial protection I want them to have in case I do not liev tomorrow. I also get to have tax rebates and maturity benefits.
Panipat, June 13, 2021
Hassle free process
Policybazaar has a hassle-free process if anyone is looking to buy endowment plans. I also lets you compare different plans and see which fits your pocket. I recommend them to everyone looking to buy a policy. You can also call them in case you get stuck in between or want to just understand where and why to invest.
Ambala, June 13, 2021
Online benefits
So I recently bought endowment plan through policybazaar. The process was smooth and I could choose the best plan. Also, the payment process was easy and quick. I appreciate policybazaar for facilitating this.
Karnal, June 13, 2021
Bonus Buy
I bought endowment plan from policybazaar three years ago and I must say it was a bonus plan added to my financial portfolio. I have an eye for good plans and when I see one, I invest immediately. Endowment plans have low premiums and maturity benefit. Also, I do not have to loosen my pocket too much every month.
Ropar, June 13, 2021
Maturity Benefits
Endowment plan offers me investment and insurance benefits. I am relieved that my family future is secured. They are also tax-free and have low premiums. I guess it is a good buy overall.
Sohna, June 05, 2021
Compare plans
I bought money back plan from policybazaar. It gives me benefits of both investment and insurance. This is generally for long-term and you also get to compare plans from various companies on their website. It has only been six months and my experience with them has been good till now.
Panipat, June 05, 2021
Customer satisfaction
The customer service team of policybazaar is polite and helpful. They made me understand all pros and cons of having money back policy. I really appreciate them for the manner of their conduct. Thank you team
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