Business Studies, asked by nirajthanki4710, 4 months ago

What is endowment Insurance ?​

Answers

Answered by Anonymous
6

Answer:

An endowment policy is a Life Insurance policy that pays out a lumpsum on maturity or on the passing away of the life assured. It has a Life Insurance cover and a savings component.

Answered by irshadhazari246800
0

Answer:

in this type of insurance the term of the policy is fixed. on completion of this term,policy amount is paid to insured before the term insured.

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