The Endowment Product consists of assurance policies and pays a pre-determined sum assured (not necessarily in equal amounts), on specified risk events or at policy maturity whichever is earlier.
Each endowment policy is a scheme.
For information on the various steps that need to be followed when launching an endowment scheme, refer to
Product Launch Requirements
Product Launch
Endowment Product
For information on Commission Billing, refer to the Endowment Products sections under
Processes
Expense Billing