The True Cost of Endowment Plans: GST, Taxes, and LOW ROI
At Finvision, we often see individuals opting for endowment plans, but what exactly are they? Let’s understand! Endowment plans are life insurance products that combine insurance coverage with savings, offering a lump sum payout either at the end of a specified term or upon the policyholder’s death. Often used to secure a dependent’s financial future, […]