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endowment life insurance

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endowment life insurance
A life insurance policy that provides benefits for a specified period (for example, 20 years or until age 65) and that may be redeemed at face value if the insured is alive at the end of the specified period. Thus, payment is made regardless of whether the insured lives or dies, although the cost of the policy is quite high compared with other types of life insurance.
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nbsp;and other unit-linked products; an array of credit-related products, including personal accident and health; term, whole and endowment life insurance.
CitiInsurance Joint Venture Receives Japanese License by Business Wire
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