Planning for life’s milestones—whether it’s funding a child’s education, covering wedding expenses, or securing retirement—requires both foresight and financial discipline. Endowment policies, which combine life insurance with a structured savings plan, offer a way to meet these objectives while providing a financial safety net.

Sabyasachi Sarkar, MD & CEO of Go Digit Life Insurance, explains that endowment policies are designed to “protect against financial risks while helping build savings through planned investments.”

The plans typically offer guaranteed payouts and, in some cases, bonuses, making them suitable for individuals with defined financial objectives.

How endowment policies work?

An endowment policy pays a lump sum either on the policyholder’s death or upon survival at the

See Full Page