1 / 4

Term Insurance vs Endowment

Term Plan Vs Endowment Plan: While both plans have their own benefits, understand the difference between term plan and an endowment plan & choose the one which suits your needs.<br>

Muskan32
Download Presentation

Term Insurance vs Endowment

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Term Insurance vs Endowment

  2. Term Insurance vs Endowment • A term plan is life insurance that lasts for a specific period of time. The beneficiaries will get a lump sum payment as a death benefit if the policyholder passes away within this time. They can use this to get over any financial obstacles brought on by the policyholder’s passing. On the other hand, an endowment combines savings and insurance with investments as part of a single plan that also includes life insurance. • When you compare term insurance vs endowment plans, you’ll see how the two can be used to accomplish a number of objectives in life.

  3. Benefits of Term Plan and Endowment : • Premiums • Sum Assured • Death and Maturity benefits • Security and Investment • Financial goals or purpose

  4. Thank You

More Related