Endowment Insurance

  In India, Insurance has been ‘sold’ more as an Investment.
  Hence Investors expect return of their capital along with some returns.
  Thus was born “Endowment” Insurance which includes money back policy etc.
  There are few endowment policies with guarantee of returns while for others the return on investment depends on profitability of the Insurance Company.
  Apart from Life Insurance Corporation (LIC), lots of private insurers also offer Life Insurance.