Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Best Endowment Policy In India To Buy In 2022

Published On Jan 04, 2022

This is a must-read article if you're thinking about purchasing an endowment insurance plan in the near future. Because insurance premiums are never small, you should read this text completely. It is a long-term commitment to make regular payments. As a result, be prudent and only spend after making informed selections.

Endowment insurance provides you with the advantages of both insurance and investing. A portion of the premium goes toward the insurance coverage under this policy. Another percentage covers the assurer's administrative costs. A third is invested on behalf of the policyholder by the insurance provider.

Best Endowment Policy In India To Buy In 2022

Below are the best Endowment Policies in India to buy in 2022:

1. HDFC SL Sanchay Plan

The HDFC SL Sanchay Plan is a typical Endowment Plan with Guaranteed Benefits, allowing you to save while simultaneously getting life insurance coverage. 


It is a non-participating plan with a premium payment option that is limited.

Benefits are calculated as a percentage of the Sum Assured and vary according to the period chosen.


The basic SA, as well as the total Guaranteed Additions, are paid at maturity.

2. Bharti AXA Guaranteed Income Pro plan

The Bharti AXA Guaranteed Income Pro deal gives you everything you need at a reasonable rate, plus special privileges that give you a sense of peace as you go across life.

Your candidate will receive the guaranteed amount, which is the highest of the following:

  • Eleven times the cost of a single premium
  • As of the day of death, 105 percent of all premiums had been paid.
  • The sum assured is the absolute amount guaranteed to be paid upon death.
  • In addition to the foregoing, the assured additions accrued to the date of death will be paid as a lump amount for the Limited and Regular Pay. Under the single pay endowment option, no guaranteed additions are available.
  • Maturity Benefit: If the Life assured lives to the Policy's maturity date and all premiums are paid on time, a Maturity Benefit will be paid.

3. Aditya Birla SunLife Insurance Secure Plus Plan

Once you continue to grow and develop, economic considerations for your and your family's well-being get to be a primary driving force in your life. You really would like to give your loved ones the best of everything. However, in these uncertain economic times, there's a chance that your income won't keep up with your demands and aspirations. In such circumstances, having a second source of assured income is a blessing.

ABSLI SecurePlus Plan understands the significance of this kind of requirement and assists you in meeting them by providing a second source of income that ensures your peace of mind.

Trial Period

If a policyholder is unhappy with any of the policy's conditions, he or she can return the policy, along with the cause for the return, during the free look period without penalty or charge. For distance marketing policies, the free look time is 15 days from the date of receipt of the policy paper, or 30 days.

Period Of Grace

If a policyholder is unable to pay a scheduled premium during the policy term, the amount can be paid without penalty within a grace period of 30 days.


In a nutshell, an endowment plan combines insurance and investing. The investment strategy uses around 90 percent of the premium. If a person dies during the insurance period, the policy pays out. The investment plan, on the other hand, pays off if the individual lives to the end of his or her life.

Also read - Why You Should Consider Buying An Endowment Policy Now!

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

Popularly Opted Term Insurance Sum Assured

People Also Read

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers
Find the right life insurance for you
By clicking, I agree to *terms & conditions  and privacy policy.
Find the right life insurance for you
By clicking, I agree to *terms & conditions  and privacy policy.