If the insured dies with an endowment insurance contract, the beneficiary will collect only a portion of the face value of the contract.

Name: If the insured dies with an endowment insurance contract, the beneficiary will collect only a portion of the face value of the contract.
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Question

Quizplus · Accepted Answer

With an endowment insurance contract, the beneficiary receives the full face value of the contract if the insured dies before the endowment period ends.

If the Insured Dies with an Endowment Insurance Contract, the Beneficiary