endowment assurance

noun

A form of life insurance paying a lump sum to the policyholder on survival to a fixed date, or to the estate or beneficiaries if the policyholder dies before that date.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounendowment assurance (plural endowment assurances)

plural endowment assurances

  1. businessA form of life insurance paying a lump sum to the policyholder on survival to a fixed date, or to the estate or beneficiaries if the policyholder dies before that date.
Cite this entry
APA

endowment assurance. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/endowment%20assurance

MLA

“endowment assurance.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/endowment%20assurance. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “endowment assurance,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/endowment%20assurance.

Source: endowment assurance on Wiktionary, CC BY-SA 4.0.