What Is a 'Pure Endowment' Policy

What is a 'pure endowment' policy?

A) A life insurance policy that provides for the payment of a specific sum when the insured dies or reaches a certain age.
B) An endowment policy in which there is a provision that if the insured dies before a specified date the insurer is only required to refund the premiums.
C) A policy that provides for the payment of a specific sum upon the insured's death within a specified period.
D) A type of indemnity insurance contract that provides for the payment of money on the happening of a particular contingency.