endowment insurance policy

endowment insurance policy
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English-russian dctionary of contemporary Economics. 2014.

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  • endowment insurance — n: life insurance in which the benefit is paid to the policyowner if he or she is still living at the end of the policy s term (as 20 years) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. endowment insurance …   Law dictionary

  • Endowment insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …   The Collaborative International Dictionary of English

  • Insurance policy — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …   The Collaborative International Dictionary of English

  • endowment insurance — In modern terminology, a life insurance policy which provides for the payment of the proceeds of the policy at a stated time after the date of the instrument, sometimes 20, sometimes 30 or more years, but upon the death of the insured if it… …   Ballentine's law dictionary

  • endowment insurance — noun 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 • Hypernyms: ↑life insurance, ↑life assurance …   Useful english dictionary

  • insurance policy — Synonyms and related words: accident insurance, actuary, annuity, arrangement, assurance, aviation insurance, bail bond, bond, business life insurance, casualty insurance, certificate of insurance, contract by deed, contract of record, contract… …   Moby Thesaurus

  • endowment insurance — life insurance providing for the payment of a stated sum to the insured if he or she lives beyond the maturity date of the policy, or to a beneficiary if the insured dies before that date. [1860 65, Amer.] * * * …   Universalium

  • endowment mortgage — ➔ mortgage1 * * * endowment mortgage UK US noun [C] UK PROPERTY, BANKING ► a mortgage (= a loan to buy a house) on which you pay only the interest, and also have an endowment (= insurance policy) that is intended to provide the money to pay back… …   Financial and business terms

  • endowment mortgage — ► NOUN Brit. ▪ a mortgage linked to an endowment insurance policy which is intended to repay the capital sum on maturity …   English terms dictionary

  • endowment mortgage — noun Brit. a mortgage linked to an endowment insurance policy which is intended to repay the capital sum on maturity …   English new terms dictionary

  • policy — pol‧i‧cy [ˈpɒlsi ǁ ˈpɑː ] noun plural policies 1. [countable] also inˈsurance ˌpolicy INSURANCE a contract with an insurance company, or an official written statement giving all the details of such a contract: • She did not realize that her… …   Financial and business terms


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