Hence, endowment insurance works very well to manage your financial portfolio as you can combine inLife insurance comes in various forms and the endowment life insurance plans are very popular in India. These are also known as savings plans as they help you to save money while you keep your life insured. Endowment insurance keeps a part of the premium you pay safely locked in a life fund for your family to use if you die within the policy period.surance and investment under a single overhead. Read on to know why you should buy a savings plan:

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