Law Dictionary

endowment insurance

noun

legal Definition of endowment insurance

:life insurance in which the benefit is paid to the policyowner if he or she is still living at the end of the policy's term (as 20 years)

Learn More about endowment insurance


Seen and Heard

What made you want to look up endowment insurance? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

to speak evil of

Get Word of the Day daily email!

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!