pure endowment insurance

pure endowment insurance
See endowment insurance.

Ballentine's law dictionary. . 1998.

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  • 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

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