Endowment

With Endowment Insurance the company assures that it shall pay the guaranteed sum amount to the beneficiaries in case the insured passes away when the policy is still in force or to the insured themselves as long as he is alive upon the maturity of the plan.

This means that the company in any case shall pay the capital to the insured.

Advantages:

• Protection coverage for the period insured wishes.
• Guaranteed technical interest rate for the entire duration of policy
• Combines with all additional coverage
• Premium payment option (Annually, semi-annually-quarterly, monthly )
• Tax deductible
• Tax deductible of all benefits paid to insured
• Annual Certification of Premium statement so us to submit tax return
• Waiver of premium

Releases the insured of paying the premium of his insurance in case of total disability from an illness or an accident which disability has continued uninterrupted for a period of at least six months.

*Subject otherwise to the terms of the policy.