Insurance Glossary

Pure endowment

An amount payable only to those people who survive for a certain period of time; those who do not survive that period of time receive nothing. Unless they are combined with some form of life insurance, pure endowments are generally illegal.

Insurance Quotes

Auto Insurance
Boat Insurance
Burial Insurance
Business Insurance
Dental Insurance
Disability Insurance
Health Insurance
Homeowners Insurance
Long Term Care
Motorcycle Insurance
Renters Insurance
Survivorship Life
Term Life Insurance
Travel Insurance
Universal Life Insurance
Variable Life Insurance
Whole Life Insurance