endowment assurance

English dictionary entry

Meanings

noun
  1. 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.

Word forms

endowment assurance endowment assurances
This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.