Endowment Annuity Insurance


Definition of "Endowment annuity insurance"

Jahel Adams real estate agent
Jahel Adams, Real Estate Agent Keller Williams First Coast Realty

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.

 

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