Paragraph match score 80.8%
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Key Takeaways
Guaranteed income/savings plans and Unit-Linked Insurance Plans ( ULIPs ) offer maturity benefits, which integrate protection and savings or investment returns.
Page A-592
Key Takeaways
Pure term insurance policies do not offer maturity benefits unless they include a return of premium feature. Endowment plans, money-back policies, ULIPs , and guaranteed income plans all provide life insurance maturity benefits, making them viable investment options.