endowment insurance

1. 1.

   life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured

   Broaderlife insurance

Questions about endowment insurance

What does endowment insurance mean?

endowment insurance means "life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured".

Is endowment insurance a common word?

endowment insurance is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.