Sentences with phrase «cum protection which»
Kotak e-Assured Savings Plan is an affordable saving cum protection which helps you to accumulate wealth for fulfilling the financial aims of your life.
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In contrast, savings - cum - protection insurance gives you a maturity benefit which is equal to the sum insured plus bonus additions.
It is a non-linked, participating, saving cum protection plan in which risk cover is a multiple of single premium.
In this scenario, if you choose to invest in this kind of savings cum protection oriented plan, which can generate returns of around 5 % to 6 % (or max 7 %), your main objective (i.e., to secure your kid's future) will not be met.
HDFC Life Capital shield is an investment cum protection plan which offers you potential returns by investing portion of your investment into equity and rest in debt fund.
(c) Single Premium Endowment Plan — LIC Single Premium Endowment Plan is a combination scheme which provides Protection — cum savings where one can pay a premium in a lump sum at the onset of the plan.