Hence, endowment insurance works very well to manage your financial portfolio as you can combine inLife insurance comes in various forms and the endowment life insurance plans are very popular in India. These are also known as savings plans as they help you to save money while you keep your life insured. Endowment insurance keeps a part of the premium you pay safely locked in a life fund for your family to use if you die within the policy period.surance and investment under a single overhead. Read on to know why you should buy a savings plan:

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If you put your money in on the basis of bad or inaccurate financial advice, you might have been a victim of mis-sold investments. A lot of individuals were recommended to invest their savings into high-risk or unregulated plans that did not suit their objectives or risk capacity.

Common signs of mis-selling include unclear risks, hidden fees, and unsuitable investment recommendations. If your adviser failed to provide proper guidance or didn’t assess your financial situation correctly, you could be entitled to compensation.

The Financial Ombudsman Service (FOS) and the Financial Services