Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun endowment_insurance

1 sense of endowment insurance

Sense 1
endowment insurance -- (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)
       => life insurance, life assurance -- (insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance")