LICI's Endowment Assurance plans allow you to target a specific long term goal such as your retirement savings, child’s higher educational needs, etc and allow you to start saving immediately. The life insurance element ensures that the motive behind the savings plan is fulfilled even if the policyholder is no more; the targeted sum along with vested bonuses is payable to the intended beneficiary in case of unfortunate death of the life assured during the term of the policy. Some of the highlights of the endowment assurance plans are:

• World-wide risk coverage •
• Low premiums, High returns and fixed term of insurance
• Policy loan facility after 3 years.