If you're looking for maximum life coverage at minimal cost, a term plan stands out. But how does it compare to an endowment plan that also offers savings? This blog unpacks the pros, cons, and key differences to help you make an informed choice.

Endowment plans combine insurance with savings, but their low returns often fall short of financial goals. This blog compares traditional plans like LIC's New Jeevan Anand and HDFC's Sanchay Plus with a more effective strategy: combining Term Insurance with Mutual Funds. Discover how this approach provides better coverage and higher returns, outperforming endowment plans and making your money work smarter for long-term financial success.