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life assurance vs endowment insurance

endowment insurance vs life assurance

life assurance and endowment insurance both are nouns.

Word NounAdjectiveVerbAdverb
life assurance Yes No No No
endowment insurance Yes No No No
As nouns, endowment insurance is a hyponym of life assurance; that is, endowment insurance is a word with a more specific, narrower meaning than life assurance:
  • life assurance: insurance paid to named beneficiaries when the insured person dies
  • endowment insurance: life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
life assurance (noun) endowment insurance (noun)
insurance paid to named beneficiaries when the insured person dies life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
Difference between life assurance and endowment insurance

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