Insurance Policy that combines the elements of a Deferred Annuity with the elements of Decreasing Term Life Insurance. This policy was originally designed to act as a funding instrument for Pension Plans but is rarely used today.
| Insurance Dictionary: Endowment Annuity Insurance |
Insurance Policy that combines the elements of a Deferred Annuity with the elements of Decreasing Term Life Insurance. This policy was originally designed to act as a funding instrument for Pension Plans but is rarely used today.
| 5min Related Video: Endowment Annuity Insurance |
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