endowment assurance English

Meaning endowment assurance meaning

What does endowment assurance mean?

endowment assurance noun

— (insurance) A form of life insurance paying a lump sum to the policyholder on survival to a fixed date, or to the estate or beneficiaries if the policyholder dies before that date.

Synonyms endowment assurance synonyms

What other words have the same or similar meaning as endowment assurance?

endowment assurance English » English

endowment insurance