endowment insurance
ریشه و کاربرد
ریشه
From 'endow' (to provide with a quality, ability, or asset) + 'insurance' (a practice or arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death).
مثال
- He took out an endowment insurance policy when his first child was born.
- Endowment insurance can be a good way to save for retirement.
- The endowment insurance policy will pay out a lump sum upon maturity.
ترکیبهای رایج
Take out endowment insurance Pay endowment insurance premiums Endowment insurance policy
تعریف انگلیسی
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