endowment life insurance

A type of life insurance that is payable either to the insured at the end of the policy period or to the insured’s beneficiary if the insured dies before the period ends.

— Also termed endowment insurance.

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词条贡献者

译者Jenny，毕业于英国顶尖的高级翻译学院，擅长翻译各种与ERISA 诉讼相关的法律文件。