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Glossary > I > "Income pure endowment" Definition

Income pure endowment

An endowment plan which carries an option at maturity for the proceeds to be paid in the form of a regular income. In the event of the policyholder"s death before maturity no benefit is payable.

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Income pure endowment - An endowment plan which carries an option at maturity for the proceeds to be paid in the form of a regular income. In the event of the policyholder"s death before maturity no benefit is payable.

Income pure endowment : an endowment plan which carries an option at maturity for the proceeds to be paid in the form of a regular income. in the event of the policyholder"s death before maturity no benefit is payable.