endowment assurance


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endowment assurance

or

endowment insurance

n
(Insurance) a form of life insurance that provides for the payment of a specified sum directly to the policyholder at a designated date or to his beneficiary should he die before this date
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

endowment assurance

endowment insurance nassicurazione f mista
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
The Participating Endowment Assurance Plan is a cost-effective endowment plan suitable for any person.
The subjects of the ads were the company's Bonus Cash Builder Plus Plan - a withprofit endowment assurance policy - and Guaranteed Over 50, a non-profit, whole-of-life policy that provided a fixed, guaranteed sum on the death of the policyholder.
The minister Pakistan Post said that Postal Life Insurance Offers 10 profitable options whole life policy, Joint life endowment policy, Education and marriage endowment assurance, Accidental death and permanent disability benefit contract, Annuity policies, Endowment policy, Anticipated endowment (three payment) plan, Child protection policy, Non medical policy and Group insurance.
As an example, Tunbridge Wells Equitable offers the University Bond which comprises a series of with-profits endowment assurance policies, typically either three or four, which will mature in consecutive years - one for each year for which funds are required.