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Endowment AssurancesAn Endowment Assurance is the ideal method of providing capital for important events at specified dates in the future. It gives a cash sum if the life assured survives the specified period and provides excellent life cover if death should occur before the end of the period. The policy may be affected for any term of years with a minimum of ten years. It serves as a form of investment and it can be used as collateral security when the policyholder requests to raise loan from any financial institution. |
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