Vocab Bloom Hub

endowment insurance

/ɪnˈdaʊmənt ɪnˈʃʊərəns/

Traduction: Type d'assurance vie qui verse un capital à l'assuré à l'échéance du contrat ou en cas de décès, selon ce qui survient en premier, combinant épargne et protection.

1 entrée

phrase

/ɪnˈdaʊmənt ɪnˈʃʊərəns/C1formalbusiness
  • frType d'assurance vie qui verse un capital à l'assuré à l'échéance du contrat ou en cas de décès, selon ce qui survient en premier, combinant épargne et protection.

A type of life insurance policy that pays a lump sum to the policyholder after a specified term or upon death, whichever occurs first, combining savings and protection.

  1. Savings and protection policyC1formal

    A type of life insurance policy that pays a lump sum after a specific term or upon the death of the insured, whichever occurs first.

    frassurance vie entière à capital différé

    • He took out an endowment insurance policy to save for his retirement.
    • The endowment insurance matured after 20 years, providing a substantial payout.
    • Many people use endowment insurance as a way to combine savings with life cover.