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Tung Quoc Posted 20 years ago
Grammar

doubt

Hi,

endowment plan. (1) = endowment policy (2)= endowment insurance. (3) ?

Do they have the same meaning? If not, what is the difference in meaning between them?

Quoc
  

Top answer

Hi, These terms can often be more or less interchanged. However, here are some comments about differences in focus. endowment plan.

— Clive

  • Hi, These terms can often be more or less interchanged.
  • However, here are some comments about differences in focus.
  • endowment plan.
  • Focuses on the way the insurance works or is organized.
  • eg Does it pay cash when you reach the age of 70?
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5 Answers
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Hi,

These terms can often be more or less interchanged. However, here are some comments about differences in focus.

endowment plan. Focuses on the way the insurance works or is organized. eg Does it pay cash when you reach the age of 70? Does it cover death by suicide.i

endowment policy Focuses on the legal paper
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Hi,

You wrote:

endowment plan. Focuses on the way the insurance works or is organized. eg Does it pay cash when you reach the age of 70? Does it cover death by suicide.i

What does suicide.i mean?

Quoc
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Deliberately killing yourself.
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Hi,

suicide.i is a typo. Should be suicide.

Clive
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endowment-plan
http://www.nfumutual.co.uk/you/regular-savings/endowment-plan.htm
but don't ask me questions about it, not my area.
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