How does endowment life insurance work?

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Such a policy is also purchased by those whose work or leisure is associated with constant travel and professional risks (firefighters, rescuers, athletes, etc.). Today we will talk about what is cumulative life insurance. It combines life and health protection and a financial instrument.

It is easier to save capital with it. Content The concept of accumulative life insurance How does endowment life insurance work? The difference between savings and other types of line data insurance Types of accumulative life insurance Advantages and Disadvantages of Cumulative Life Insurance Choosing a Life Insurance Savings Plan Frequently asked questions Conclusion How Pampadu service helps agents The concept of accumulative life insurance There are several types of life insurance.


They have one thing in common - protection of the insured and his family members from damage due to objective reasons. For those that could not be influenced in any way. We cannot choose whether we want to get injured or not. Cumulative life insurance (CLI) is insurance that combines: Standard policy functions.

A tool for accumulating money. That is why it is called a combined insurance product. In essence, such insurance consists of two parts. The first part is "classic" insurance. The larger the contribution amount transferred for protection against insurance risks, the greater the final compensation will be. Take this into account.