Meaning Of The Word Endowment insurance

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What's the definition of Endowment insurance? Find Endowment insurance meanings, definitions and more at the Real Dictionary online.

Endowment insurance Meaning

Endowment insurance Definition
Endowment insurance Definition

What's The Definition Of Endowment insurance?

endowment insurance in American English
noun: life insurance providing for the payment of a stated sum to the insured if he or she lives beyond the maturity date of the policy, or to a beneficiary if the insured dies before that date

endowment insurance in Insurance
noun: Endowment insurance is a type of life insurance that pays a particular sum directly to the policyholder at a stated date, or to a beneficiary if the policyholder dies before this date.

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