Personal Finance
Participating Versus Non-participating: Find the Best Endowment Insurance Plan in Singapore for You
By ValueChampion  •  May 17, 2022
What Is an Endowment Plan? An endowment plan is a two-for-one product. It provides insurance coverage but also bonuses based on investment returns. Before you go running for the hills, endowment plans are not the same as the infamous investment-linked plans. The two are quite different, but more on that later. Endowment plans are policies that give you insurance coverage and act as a savings plan. Their primary aim is to help you meet your financial goals. This can include saving up for your children’s future education or preparing a decent sum of money for a happy retirement. Many buy endowment plans for exactly those reasons. An endowment plan has the potential to be very useful to you, provided you understand exactly what you are signing up for. Endowment Insurance PlansMonthly Premium PaymentFixed Maturity TimeComes with a Life Insurance ComponentSome Guaranteed MoneyShort-Term and Long Term Plans Available...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?

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