Endowment Insurance

Endowment Insurance is typically a combination of Insurance and Savings. However, under endowment insurance a specified amount is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured. Most of the endowment plans are participatory which means that individuals are eligible for a share of the company's profit in the form of an annual reversionary bonus. Oman Insurance offers three endowment insurance products;

Anticipated Endowment

This plan offers the benefit of protection and savings at the same time with periodical payouts at the end of 1/3rd of the policy term

OIC Delight

This plan Guarantees up to 120% on invested premiums at the end of the policy term along with the death cover. It also gives an opportunity for an additional cover in case of death.

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