endowment insurance
English Thesaurus
1. 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 (noun.possession)
| hypernym | : | life assurance, life insurance, |
| definition | : | insurance paid to named beneficiaries when the insured person dies (noun.possession) |
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