What is an endowment date in life insurance?

Answer An endowment policy is a type of whole life insurance in which premiums are paid for a certain period of time, such as 20 or 30 years. The endowment date occurs when the policy matures, and the ins... Read More »

Top Q&A For: What is an endowment date in life insurance

What is endowment life insurance?

Endowment life insurance is a type of policy that offers flexible financial planning and payout options. states that endowment policies were more popular prior the late 1970s before ot... Read More »

What is an endowment insurance policy?

An endowment insurance policy is a type of life insurance contract that pays a benefit, either when the insured person dies or on a date specified in the contract, if the insured persons lives to t... Read More »

What is the difference in whole life insurance&term life insurance?

Life insurance pays a defined benefit amount when the policyholder dies. Term life insurance pays if the death occurs during the term of the policy--a predetermined number of years. Whole life insu... Read More »

What is term life insurance and whole life insurance?

Term life and whole life insurance are two types of policies that provide a financial benefit when the insured passes away. Both life insurance policies have advantages in costs and protection that... Read More »