Meaning of endowment insurance
Definition of endowment insurance
(noun)
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
Other information on endowment insurance
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endowment insurance
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endowment insurance
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