What is a Pure Endowment Policy?
A
pure endowment plan is a form of life insurance coverage in which the insurance provider commits to pay the insured the sum assured if they survive the period of the coverage. The money is paid in a single installment as a single payment at the policy's maturity. This means that you may be certain of receiving returns with pure endowment insurance. To receive the payment, you should keep paying the premiums on a continuous basis ...
