E
Endowment Policy
The assured has to pay an annual premium which is determined on the basis of the assured's age at entry and the term of the policy. The insured amount is payable either at the end of specified number of years or upon the death of the insured person, whichever is earlier.
Equity
The actual ownership interest in a specific asset or group of assets.
Exclusions
Specific conditions or circumstances for which the policy will not provide benefits.