Menu
Endowment Plans
An endowment plan is a unique life insurance product that offers a combination of life coverage and maturity benefits. If the policyholder survives the term, a lump sum is paid out. If not, the sum assured is given to the nominee.
What is an Endowment Plan?
In today’s unpredictable world, wouldn’t it be amazing to have a financial product that gives you both protection and savings under a single plan? That’s exactly what Endowment Plans offer. At KriShiv In.Tech Private Limited, we bring you flexible, feature-rich endowment solutions that help you save systematically and protect your loved ones simultaneously.
How They Work
You pay a regular premium over a chosen term. At maturity, you receive a guaranteed payout, which can help with financial goals like education, marriage, or even retirement.
Why Endowment Plans Are Popular in India
Indians love security—and rightfully so. With a guaranteed return, tax-saving benefits, and the emotional comfort of life coverage, endowment plans remain a preferred choice among working professionals, homemakers, and retirees alike.
Features of KriShiv In.Tech Endowment Plans
Life Cover Along with Savings
You don’t need to choose between life insurance and saving—get the best of both worlds with our plans.
Guaranteed Maturity Benefit
At the end of the policy term, you receive a lump sum payout, regardless of market conditions.
Bonus Additions (If Any)
Depending on the plan, you may also earn reversionary and terminal bonuses, boosting your maturity amount.
Flexible Premium Payment Options
Choose to pay premiums monthly, quarterly, half-yearly, or annually—we work around your lifestyle.
Loan Facility Against Policy
Need cash in an emergency? Avail a loan against your policy without breaking your savings.
Types of Endowment Plans Offered
Full Endowment Plans
Sum assured is equal to the amount paid at maturity (plus any bonuses). It’s a safe and rewarding savings strategy.
Low-Cost Endowment Plans
Ideal for future financial goals like loan repayment, these plans come with lower premiums.
Unit-Linked Endowment Plans
Want market-linked returns? This hybrid product offers investment opportunities along with life cover.
Who Should Consider Endowment Plans?
Young Earners Seeking Disciplined Savings
If you’re just starting out, endowment plans help you build a saving habit with life protection.
Families with Long-Term Goals
Planning for your child’s wedding or a dream home? These plans ensure you’re financially prepared.
Risk-Averse Investors
If you prefer safe and steady returns, endowment plans are tailor-made for you.
People Planning for Child’s Education or Marriage
Secure your child’s future with a guaranteed lump sum when they need it the most.
