Endowment Plans with Way2Protect

Life Insurance | Way2Protect —
Endowment Plans

Life cover plus a lump sum on maturity.

All Life Insurance options

What is Endowment Plans?

Endowment plans are traditional life insurance plans that pay a lump sum either on maturity or to your family if something happens to you during the term.

Participating endowment plans may also add bonuses declared by the insurer, making them suitable for medium- to long-term goals.

Who is it for?

  • Risk-averse savers
  • Families planning for a fixed future expense

Key features

  • Lump sum on maturity or on death during the term
  • Bonus options with participating plans (not guaranteed)
  • Loan facility against the policy in many plans

Things to consider

  • Cover is lower than term insurance for the same premium
  • Long commitment — surrender in early years may cost you

Insurance is the subject matter of solicitation. Please read the sales brochure and policy wordings carefully before concluding a sale. Benefits, exclusions and waiting periods vary by insurer and product. Product availability, eligibility, premiums, interest rates, benefits and approval are subject to applicable terms, conditions, underwriting/lender policies and eligibility criteria.

Enquire about Endowment Plans

Share your details and a Way2Protect expert will call you back.

Your details are used only to contact you about the services you asked about.

Call NowWhatsApp