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Child deferred endowment |
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Child deferred endowmentAn endowment assurance, on the life of a child, which can be taken as cash at maturity or converted to a full endowment or whole life assurance.Similar MatchesEndowment insuranceEndowment insuranceA cash value life insurance policy with a fixed term. Premiums are applied to give life insurance cover for the face amount and at the end of the term the cash value will equate to the face amount and be payable. Low cost endowmentLow cost endowmentDesigned to accumulate the sum needed to pay after a given period, usually for the purpose of paying off a mortgage. However there are no guarantees and investors may have to increase their premiums to build up enough to pay off their mortgage. EndowmentEndowmentGift of money or property to a specified institution for a specified purpose. Unit linked endowment assuranceUnit linked endowment assuranceSee: 'endowment assurance'. Pure endowmentPure endowmentA life assurance policy where the sum assured is paid if the life assured survives the term but in the event of prior death nothing is payable. Further Suggestionsincome pure endowmentendowment mortgage second hand endowment Unitised with profit endowment Traded endowment policy (Tep) Full with profit endowment Unit linked endowment endowment assurance income endowment Non profit endowment endowment Low start endowment Factor endowment Endowment full endowment |
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