Economy, asked by satnamsingh14486, 8 months ago

what is endowment insurance

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Answered by mjha9910
1

Answer:

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term 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. Policies are typically traditional with-profits or unit-linked

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