Overview

You can exercise the options of paying premiums throughout the policy term of an endowment policy, a limited term, or by lump sum (single premium).

All insurers allow premium payments to be made at quarterly, half-yearly or annual installments. Some also collect premiums monthly. Typically, the higher the number of installments, the higher will be the absolute premium payout.

A certain part of the premium gets allocated towards the sum assured. Some portion of the premium is allocated towards the administrative expenses of the insurance company selling the policy. The remaining portion of the premium gets invested.

Endowment Premium: Basics

How much do you pay to cover your financial liabilities with life insurance?

What you will pay for your life insurance has a lot to do with your age, your age and even your gender. ......

Life Insurance FAQs on Premiums

Looking for easy options is there an easy way to pay your insurance premium ? Say, pay it automatically? Here are your answers. ......

Endowment Insurance Plans

Endowment insurance plans provide life insurance cover for a specific period. The insured can get the sum assured plus any bonus or guaranteed additions that may accrue during the policy term. ......

Endowment Premium: Opinion

Right time to review your life insurance portfolio

Want to know what's the right time to review your life insurance portfolio? Here's when. ......

Women's Life Insurance Policies

There are customised life insurance policies for women, whether they are working, working from or at home or are housewives. Know more about these policies and the coverage provided. ......

Why does it not make sense to mix insurance with investment?

This article explains why it is not a good idea to mix insurance with your investments. ......

Decision-making Corner

Ask an Expert

Ask your personal finance query here and get personalized replies that meet your specific needs.

Looking for Life Insurance offered by specific provider