Endowment Life Insurance Plans: GUARANTEED, BUT LOW RETURNS..!

Endowment Life Insurance Plans..!
GUARANTEED, BUT LOW RETURNS..!

What non-participating endowment life insurance plans offer

The premium and returns are for a 35 -year - old non smoker female.

The term plan cover is Rs. 25 lakh and the Public Provident Fund (PPF) returns are assumed to be 8.75% per year


Edelweiss Tokio Safe n Sure Plan
ANNUAL PREMIUM                    Rs. 20,835
PREMIUM PAYMENT TERM           15 years
POLICY TERM                         20 years
DEATH BENEFIT                      Rs. 5 lakh
GUARANTEED RETURN              Rs..5 LAKH
RETURN                                         4%
IF YOU BUY A TERM PLAN
 AND INVEST IN THE PPF          Rs. 8.36 lakh

HDFC Life Sanchay
ANNUAL PREMIUM                       Rs. 69, 675
PREMIUM PAYMENT TERM               15 years
POLICY TERM                             20 years
DEATH BENEFIT                         Highest of 10 times of Annual premium 105% of premium paid,
                                                        plus accrued guaranteed additions till death
GUARANTEED RETURN             Rs. 14 LAKH
RETURN                                         4.6%
IF YOU BUY A TERM PLAN
 AND INVEST IN THE PPF          Rs. 25.08 lakh

Reliance Super  Endowment

ANNUAL PREMIUM                     Rs. 24,761
PREMIUM PAYMENT TERM            10 years
POLICY TERM                             20 years
DEATH BENEFIT                         Highest of 10 times of Annual premium 105% of premium paid,
                                                        plus accrued guaranteed additions till death
GUARANTEED RETURN             Rs. 5 LAKH
RETURN                                         4.6%
IF YOU BUY A TERM PLAN
 AND INVEST IN THE PPF          Rs 8.11 lakh

Aviva Dhan Samruddhi
ANNUAL PREMIUM                     Rs. 31,881
PREMIUM PAYMENT TERM            10 years
POLICY TERM                             20 years
DEATH BENEFIT                         Highest of 10 times of Annual premium 105% of premium paid,
                                                        plus accrued guaranteed additions till death
GUARANTEED RETURN             Rs. 5.56 LAKH
RETURN                                         3.6%
IF YOU BUY A TERM PLAN
 AND INVEST IN THE PPF          Rs.10.8  LAKH

Exide Life Guaranteed Income
ANNUAL PREMIUM                    Rs. 69,066
PREMIUM PAYMENT TERM           10 years
POLICY TERM                             20 years
DEATH BENEFIT                        Highest of 10 times of Annual premium 105% of premium paid,
                                                        plus accrued guaranteed additions till death
GUARANTEED RETURN           Rs.11 LAKH
RETURN                                         3%
IF YOU BUY A TERM PLAN

 AND INVEST IN THE PPF          Rs. 24.8 LAKH
Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Coverton Insurance Broking - a one-stop solution for businesses and individuals seeking expert risk management

Coverton Insurance Broking Launches Comprehensive Insurance Broking Services to Simplify and Enhance Risk Management for Businesses and In...