If the insured lives to the end of the policy period of an endowment insurance policy, the policy pays:

Question

Quizplus · Accepted Answer

Endowment insurance policies provide coverage for a specified period and if the insured survives until the end of the policy term, the policy pays the face amount of the policy. Therefore, the insured will receive the full face amount of the policy if he/she lives to the end of the policy term. The other options (nothing, one-half, double face amount) do not apply to the endowment policy.

If the Insured Lives to the End of the Policy