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HOME | Definition of endowment insurance (ENDOWMENT INSURANCE, Endowment insurance)

  • A plan of insurance providing for a cash payment of a definite sum of money to the certificate owner at the maturity date if the insured is then ...
    http://www.modern-woodmen.org/Public/ServiceCenter/Glossary/glossarypages/E.htm

  • A type of life insurance that provides a benefit (a) if death occurs during the term of coverage or (b) if, at the end of the term of coverage, the insured is alive.
    http://www.accuquote.com/glossBrowse.cfm

  • life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
    http://wordnet.princeton.edu/perl/webwn

  • Life insurance payable to the policyholder, if living at the end of a specified period, called the maturity date, or to a beneficiary if the life insured dies prior to that date.
    http://www.clhia.ca/e11.htm

  • A form of Life Insurance where the face amount is payable to the insured at the end of the contract period or to a beneficiary if the insured dies before that. An example would be an insured purchasing an endowment payable at age 65: If he reaches that age, the proceeds would be payable to him. ...
    http://www.lifeinsexpo.com/glossary.html




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