The policy might lapse, or it could be converted to a paid-up policy with reduced benefits, depending on the terms.

Yes, but withdrawals may be subject to terms and conditions and could affect the maturity value.

Generally, the maturity amount is tax-free under Section 10(10D) as long as certain conditions are met.

Endowment insurance has a specific term after which the maturity benefit is paid, whereas whole life insurance covers the policyholder for their entire life.

Yes, many insurers offer riders like critical illness, accidental death, and disability riders.

If you are looking for higher returns and can tolerate risk, choose unit-linked. If you prefer guaranteed returns and lower risk, go for traditional.

Contact your insurer; you may be able to temporarily pause payments or adjust policy terms.

This depends on the policy’s cash value accumulation, usually available after a few years of premium payments.

Yes, they can be part of a retirement planning strategy, providing a lump sum on maturity.

Guaranteed additions are bonus sums added to the policy, usually after certain durations or on maturity.