Business Studies, asked by tshruti055, 7 months ago

explain children endowments insurance police?

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Answered by uttamrikibe3

1

Answer:

A child endowment policy is a traditional life insurance plan which offers protection as well as savings or an investment benefit. ... This sum assured is a guaranteed payment on the death of the parent or when the child attains maturity . In addition to the guaranteed amounts one can obtain periodic bonuses.

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