Endowment Insurance


Definition of "Endowment insurance"

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Mike Williams Keller Williams

Life insurance under which an insured receives the face value of a policy if the individual survives the endowment period. If the insured does not survive, a beneficiary receives the face value of the policy. An endowment policy is the most expensive type of life insurance.

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Popular Real Estate Terms

Private Replacement Variable Life (ppvl)

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Matured

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