He said that current PLI offers different policies including Whole Life Policy, Endowment Assurance
, Joint Life Endowment Assurance
, Endowment Education or Marriage Assurance, accidental death and permanent disability benefit and group insurance.
A new limited premium paying, non-linked endowment assurance
plan, Jeevan Labh has been introduced by Life insurance giant LIC.
The product is an endowment assurance
product with an added feature of guaranteed bonuses along with provision of loyalty bonus.
Mumbai, March 13 -- Addressing the needs of customers, Edelweiss Tokio Life Insurance Company Limited, the latest new age life insurance entrant has recently launched Cashflow Protection a non-linked, participating Endowment Assurance
Money Back Participating Plan that enables you to plan for important stages or milestones in your life.
However, there was scope for advancement in the fields of voluntary life and endowment assurance
Its protection and savings products include Participating Endowment Assurance
Plan, Double Cover Endowment Plan, Cash Back Plan, Child Benefit Plan, Protection Plan (Hemayah), Money Back and Protect Lifelong.
The subjects of the ads were the company's Bonus Cash Builder Plus Plan - a withprofit endowment assurance
policy - and Guaranteed Over 50, a non-profit, whole-of-life policy that provided a fixed, guaranteed sum on the death of the policyholder.