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What is an endowment life insurance policy 2024?

Julian Hall | 2023-05-07 11:59:32 | page views：1926
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Ethan Anderson

Works at the International Criminal Police Organization (INTERPOL), Lives in Lyon, France.
An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness.
2023-05-11 11:59:32
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William Anderson

QuesHub.com delivers expert answers and knowledge to you.
An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness.
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