Investing and Financial Markets
Life Insurance

What is a matured endowment though insurance company?

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Answered 2011-12-21 21:59:08

A matured endowment is a life insurance policy where the current cash value has become equal to the face amount of the policy. The policy is mature. So, the insurance company issues the insured a check for the face amount (death benefit) even though the insured is still alive.

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