what does endowment insurance mean?
ENDOWMENT INSURANCE as NOUN
- Meaning
- 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
Hypernyms(s) endowment insurance is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
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