Get Free Quotes for Endowment Plan by State Life Insurance
Endowment plan is a safest and surest method of guaranteed cash provision at the policy specified time or due to untimely death of an individual(Allah forbid). Under this policy, the sum insured plus bonuses are payable at the end of policy tenure or at an unexpected death of the life insured. Premiums are payable for a predefined policy period or death of an individual,if earlier. The benefits under the plan can be further extended by attaching supplementary covers.
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This policy will acquire a surrender value after it has been inforce for at least two consecutive years provided no premiums are in default. The surrender value will be quoted by State Life on request of the policyholder.
The plan serves the requirements of a family in various shapes a way of financial help at retirement, education of children or provision of capital for business and all other financial requirements.
Eligible ages:-
Minimum Age: 10 yearsMaximum Age: 65 years
Age (Maximum) on Maturity: Age 75 years.