ENDOWMENT INSURANCE
\ɛndˈa͡ʊmənt ɪnʃˈʊ͡əɹəns], \ɛndˈaʊmənt ɪnʃˈʊəɹəns], \ɛ_n_d_ˈaʊ_m_ə_n_t ɪ_n_ʃ_ˈʊə_ɹ_ə_n_s]\
Sort: Oldest first
-
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
By Princeton University
-
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.
By Oddity Software
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).
Nearby Words
- endowed
- endower
- endowing
- endowment
- endowment fund
- endowment insurance
- endowment policy
- endowments
- endoxan
- endozepine
- endozoa