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The definitions contained herein are for general information only and are not
designed for use in connection with the interpretation of any insurance policy
or annuity policy issued through Insurance Answer Center.
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Life Insurance Glossary Terms 4 A B C D E F G H I J K L M N O P Q R S T U V W Y |
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Endowment Insurance |
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Endowment insurance is a type of permanent life insurance policy that pays the policy face amount to the beneficiary if the insured dies prior to the end of the policy period. Otherwise it is paid to the policyowner at the end of the policy period. The Insurance Answer Center does not sell endowment policies; it sells other permanent life insurance and annuity policies that pay a death benefit and build up a cash value. Visit our annuity site to find out about deferred annuities that also build a cash value. See also Modified Endowment Contract. |
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Learn More about Life Insurance
Start a Life Insurance Quote
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Home Page | Site Map | Insurance Information | Resource Links | |||
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| Answer Financial(R) Inc. offers insurance products and services through its licensed affiliates Insurance Answer Center(R) Inc. (California License No. 0B99714), Answer Center Insurance Agency, Inc., and other affiliates. Answer Financial is not an insurance company. Insurance plans and services are from insurance companies and other licensed insurance-related providers. Not all products available in all states. Rates subject to change. |
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