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endowment assurance

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endowment assurance or insurance
Noun
a kind of life insurance that pays a specified sum directly to the policyholder at a designated date or to his or her beneficiary should he or she die before this date
Translations
endowment assurance endow n → Versicherung f auf den Erlebensfall, Erlebensversicherung f


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STOCKHOLM, Sweden -- Anders Boos has during the period June 19-21 transferred 600,000 shares in Cision, owned through family and companies, to endowment assurances.
Cision: Anders Boos Transfers Shares to Endowment Assurances by Business Wire
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