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CITADEL INVESTMENT SERVICES PROPRIETARY LIMITED IS AN AUTHORISED FINANCIAL SERVICES PROVIDER.

Citadel

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ENDOWMENT

13 Jan 2021

An insurance policy which pays a benefit on the death of the life covered or at maturity. An endowment can be used either for investment with life cover or for investment only. The minimum term is five years and the benefit at maturity is tax free in the hands of the original owner.