Endowment Policy – Safe Saving with Life Insurance
Guaranteed Maturity + Life Protection
Hindi: Endowment Policy में आपको insurance के साथ saving और maturity पर lump sum मिलता है।
📊 What is Endowment Policy?
✔ Life Insurance Cover
✔ Guaranteed Maturity Benefit
✔ Bonus (if applicable)
💰 How It Works
| Policy Term | Benefit |
|---|---|
| During Term | Life Cover Active |
| On Death | Sum Assured + Bonus |
| On Maturity | Sum Assured + Bonus |
💰 Example (Real Understanding)
Premium: ₹40,000/year
Term: 20 Years
Total Invested: ₹8,00,000
Maturity: ₹10–12 लाख (approx)
🎯 Benefits
✔ Safe Investment
✔ Guaranteed Returns
✔ Tax Saving (80C + 10(10D))
✔ Life Protection
⚠️ Limitations
❌ Low Returns (4–6%)
❌ Inflation Risk
❌ Liquidity कम
📊 Compare with ULIP
| Feature | Endowment | ULIP |
|---|---|---|
| Return | Low | High |
| Risk | Low | Market |
| Type | Guaranteed | Market Linked |
🧮 Endowment Calculator
📲 Get Best Plan
📌 Disclaimer
Returns company bonus और policy terms पर depend करते हैं। यह plan safe होता है लेकिन high return नहीं देता।