A kind of insurance with super powers. 😅

Or in other words, it's guaranteed interest insurance that helps you save for the long term and at the same time enjoy the protection of life insurance itself. 😮

Life insurance with a guaranteed savings component involves guaranteed sums insured covering both death and survival risk. 

The protection part of the policy guarantees the beneficiary an insured sum on death. If the insured survives when the contract ends, he receives the sum assured and the insurer's share of the profit from saving part of the insurance premium.