Business Studies, asked by nirajthanki4710, 4 months ago

"Endowment Policy is more popular than life
Insurance - Explain

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Answered by deepchand001122

Answer:

The premium of endowment policies is much higher compared to that of term insurance plans. ... Endowment policies are meant for those looking for regular savings with a 100% guarantee on their investment, those who require a lesser sum assured, and a lump sum amount at a particular age.

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