What is the meaning 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. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). endowment insurance. Retrieved September 20, 2026, from http://smartdefine.org/endowment_insurance/definitions/1242912
ChicagoWordNet. 2010. "endowment insurance" http://smartdefine.org/endowment_insurance/definitions/1242912 (accessed September 20, 2026).
HarvardWordNet 2010, endowment insurance, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/endowment_insurance/definitions/1242912>.
MLAWordNet. "endowment insurance" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/endowment_insurance/definitions/1242912>