Русско-англо-русский юридический словарь

Endowment life insurance is a specialized insurance product that's often dressed up as a college savings plan. These policies couple term life insurance with a savings program. As the policyholder, you choose how much you want to save each month and when you want the policy to mature. Based on your monthly contributions, you're guaranteed a certain payout, called an endowment, when the policy matures. (Investopedia)