Retirement Income Endowment Policy


Definition of "Retirement income endowment policy"

Kelly Lute
  Keller Williams Realty

Type of endowment insurance that matures at a stipulated retirement age and whose purpose is to provide retirement income to the insured.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Line Of Credit

Borrowing power that a business firm or an individual has with a lending institution such as a bank. ...

FHA Mortgage

A mortgage on which the lender is insured against loss by the Federal Housing Administration, with t ...

Minimum Group

Smallest number of individuals for which an insurance company will issue a policy. A minimum number ...

Personal Effects Insurance

Coverage outside an insured's home for personal items usually carried or worn while traveling. Prote ...

Indirect Loss

Loss that is not a direct result of a peril. For example, damage to property of a business firm woul ...

Multiple Employer Welfare Arrangement (mewa)

Arrangement by which two or more employers form a coalition to offer a health plan to their employee ...

Related Real Estate FAQ

What Is A Gated Community?

A gated community is a community of homes where you must pass through a security gate in order to en ...

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. The ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

What Is A Mortgage Banker?

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

What Is A Mortgage Broker?

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Top Five Reasons Your Home Offer was Rejected Should you Buy a Home with Cash? Is it better to buy or sell a home first Real Estate Open House - The Dos and Don 5 signs of house foundation problems

FAQ

What is a term? How can I protect my Home Office? What is cooperative? What type of Life Insurance is right for me? What is an appreciation?