(from the article `life insurance`) ...cash value is less than the policy`s face value. While the fixed premiums represent a means of controlling costs in the future, the fixed payout ...
Found on
http://www.britannica.com/eb/a-z/e/30
A type of life insurance that may produce profits. An endowment policy will run for a fixed number of years during which it accumulates a cash value; it can provide a savings plan...
Found on
http://www.encyclo.co.uk/local/20688
A cash value life insurance policy with a fixed term. Premiums are applied to give life insurance... <a target=_blank href='http://www.finance-glossary.com/terms/endowment-insurance.htm?id=469&ginPtrCode=00000&PopupMode=false' title='Read full definition of endowment insurance'>more</a>
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http://www.finance-glossary.com/pages/home.htm
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy -- that is, the amount paid at death. If the policyholder dies sooner, the beneficiary named in the policy receives the proceeds.
Found on
http://www.nolo.com/dictionary/endowment-insurance-term.html
Endowment Insurance is a form of insurance whereby, in return for regular contributions, a fixed sum is payable at death or at a certain age when the insured person ceases to pay premiums.
Found on
http://www.probertencyclopaedia.com/browse/JE.HTM
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
Found on
https://www.encyclo.co.uk/local/20974
A type of life insurance that may produce profits. An endowment policy will run for a fixed number of years during which it accumulates a cash value; it can provide a savings plan for a retirement fund
Found on
https://www.encyclo.co.uk/local/21221
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.
Found on
https://www.infoplease.com/dictionary/endowment-insurance
No exact match found.
