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Endowment Policy - What is an endowment policy and when should you go for it?

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 What is an endowment policy? When to opt for for it? What are its benefits?
Are you one among those pondering over these questions? Then you are at the right place. 
Endowment plans are often misunderstood as an investment plan, whereas in real, it is a savings plan. So what is the big difference between a savings plan and an investment plan? A savings plan aims at saving your money and would give very little interest on the money held. At the same time, an investment plan is meant to give you returns on the money invested which will be more than the inflation rate.
To clear all your queries regarding endowment plans, watch this informative video by CS Sudheer.

 

 
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