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LIC Single Premium Endowment Plan Calculator | Maturity Return Benefits
It is actually a conventional endowment with death benefits, maturity benefits and bonus facility to the policyholder. The premium is paid initially which is paid in a lump sum amount. It serves the investment purpose and even secures you one gets deceased untimely. These plans are secure and provide people with financial benefits as there are assured returns. These plans including the LIC'S single premium plan provides insurance coverage of the policyholder which means that if an unfortunate incident takes place to the insured then the family is entitled to a lump sum amount. So if the person is the bread earner of the family, there might not be a problem if this plan is availed. One can even avail loan on these plans.