Endowment

Health insurance

Different people have varying definitions about Endowment plans. While some view it as a form of ‘forced savings’ as commonly marketed by Financial Advisors, others see it as a hybrid between a savings plan and insurance plan. Endowment plans have typically a Guaranteed returns portion and a Non-Guaranteed returns portion. This is quite standardized across the industry. Some of the plans marketed in the market have very high guaranteed returns. Click here for a referred advisor to contact you on such plans now