Endowment insurance

Endowment insurance,

Definition of Endowment insurance:

  1. Life insurance policy that pays the assured sum (face amount) on a fixed date or upon the death of the insured, whichever comes earlier. Endowment policies carry premiums higher than those on conventional whole life policies and term insurance, but are useful in meeting special lump sum needs such as college expenses or for buying a retirement home. Also called endowment life policy or endowment policy.

Meaning of Endowment insurance & Endowment insurance Definition

Endowment Insurance,

Endowment Insurance Definition:

  1. A form of life insurance that pays the insured face value to the insurer at the end of the term of the contract or after the death of the insured. Unlike life insurance, which pays only nominal value in the event of death of the insured. This is also different from the concept of a net foundation, which pays its price only if the insurer survives to the end of the insurance period. Property insurance is basically a savings plan with an insurance element that protects the plan in case of premature death. Therefore, this type of insurance is very expensive and has limited benefits, for example. This includes saving for retirement, saving for charities and creating an education fund for children.

Literal Meanings of Endowment Insurance

Endowment:

Meanings of Endowment:
  1. Give someone or something.

Sentences of Endowment
  1. Trying to promote chair equipment for psychology

Synonyms of Endowment

subsidizing, funding, financing

Insurance:

Meanings of Insurance:
  1. Procedures or agreements used by companies or government agencies to guarantee compensation for certain losses, injuries, illnesses or deaths in return for payment of premiums.

Synonyms of Insurance

precaution, defence, cover, preventive measure, indemnification, safety measure, shelter, indemnity, safeguard, surety, immunity, protection, financial protection, security, provision

Endowment Insurance,

Endowment Insurance Meanings:

Endowment Insurance definition is: A form of life insurance that pays the policyholder's price at the end of the contract or to the holder. This is in stark contrast to life insurance, which pays the policyholder only at a cost. It is also different from the concept of pure endowment insurance, which pays the price only if the policyholder survives the end of the policy. Property insurance is basically savings with an insurance element that aims to protect the savings in the event of an accident. As such, this type of insurance is very expensive and has limited benefits, for example, for retirement planning, charitable savings, education construction and for insured children.

Literal Meanings of Endowment Insurance

Endowment:

Meanings of Endowment:
  1. The act of giving something or someone as a gift.

  2. A quality or ability that a person possesses or inherits.

  3. The form of life insurance that provides the policyholder with a fixed amount of time or a fixed amount to pay for his property if he dies before that date.

Sentences of Endowment
  1. Your natural ability is your size and intelligence.

  2. Foundation policy

Synonyms of Endowment

establishing, ability, facility, characteristic, talent, aptitude, inauguration, attribute, bequest of money for, provision of capital for, quality, strength, faculty, donation of money for, institution, capability, setting up, capacity, gift, establishment, foundation, feature

Insurance:

Meanings of Insurance:
  1. An agreement in which a company or state guarantees certain damages, injuries, illnesses or deaths in exchange for a premium.

Sentences of Insurance
  1. Jacket hanging from the back of the chair, protected from air conditioning ■■■■■.

Synonyms of Insurance

backstop, guarantee, warranty, (financial) protection, assurance

Endowment Insurance,

Endowment Insurance: What is the Meaning of Endowment Insurance?

A form of life insurance that pays the policyholder at the end of the contract. This is in stark contrast to life insurance, which pays a fee only to the policyholder. It is also different from the concept of pure endowment insurance, which pays the price only if the policyholder survives the end of the policy. Property insurance is basically savings with an insurance element that aims to protect the savings in the event of an accident. Thus, this type of insurance is very expensive and its use is limited, for example, for retirement planning, charitable savings, educational institutions and insured children.

Literal Meanings of Endowment Insurance

Endowment:

Meanings of Endowment:
  1. A standard or ability that a person possesses or inherits.

  2. A form of life insurance that pays the policyholder a certain amount of money at a specified time or to his property if he dies before that date.

Insurance:

Meanings of Insurance:
  1. An agreement in which the company or state guarantees compensation for certain losses, injuries, illnesses or deaths in return for certain premiums.

  2. Something that protects against possible accidents.

Sentences of Insurance
  1. The jacket hanging on the back of the chair is protected from enemas in the air conditioning.