DEFINITIONS

endowment insurance

noun

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.

Content related to endowment insurance

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Words nearby endowment insurance

endotrophic mycorrhiza, endovasculitis, endow, endowment, endowment assurance, endowment insurance, endowment mortgage, endozoic, endpaper, endpin, endplate

Origin of endowment insurance

An Americanism dating back to 1860–65
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019