Endowment life insurance quotes
good protection benefits and savings. This insurance pays out some cash money
to the insured when the policy period ends. This insurance also pays this
amount when the insured dies.
Endowment insurance is
divided into two types:
1.
Life Insurance Unit Link Single
(Single Premium)
The characteristics of
life insurance Unit Link Single (Single Premium) is a premium that is paid at
once or a lump sum. Single premium usually desired by prospective policyholders
who want to invest long term.
Who fits with this
policy?
- Prospective policy holders who like to invest long term
- Prospective policy holders who have excess money (idle money) and mean enhancing wealth.
2.
Life Insurance Unit Link Regular (Periodic Premiums)
The characteristics of
Life Insurance Unit Link Regular (Periodic Premiums) is also a long term
investment where within the policy is governed how to payout. It is done
periodically or regular. Units purchased when the premiums received.
Who fits with this
policy?
- Prospective policy holders who prefer to play in the protection
- Prospective policy holders who likes to play in investment but would still like to be protected
- Prospective policy holders who are still working and would like to set up the savings
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