endowment assurance
endowment assurance · endowment assurances
A form of life insurance paying a lump sum to the policyholder on survival to a fixed…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.
Meaning
1 sensesA 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.
Forms
plural: endowment assurances| Singular | endowment assurance |
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| Plural | endowment assurances |
regular