Endowment Annuity Insurance
Insurance policy that combines the elements of a deferred annuity with the elements of DECREASING TERM LIFE INSURANCE. This policy was originally designed to act as a funding instrument for PENSION PLANS but is rarely used today.
Popular Insurance Terms
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Historical record of dividends paid. ...
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Written contract between an insured and an insurance company stating the obligations and responsibilities of each party. ...
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Right that has a limited time in duration for an individual to receive the income generated by assets owned by another individual. ...
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