Warning: Creating default object from empty value in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/plugins/independent-core/admin/ReduxCore/inc/class.redux_filesystem.php on line 29 Accelerative Endowment – Fincyclopedia
[wpdreams_ajaxsearchpro id=44 ]
  • Monday, April 28, 2025
  • The Financial Encyclopedia
[wpdreams_ajaxsearchpro id=43 ]

Insurance

  Insurance   |   Terms
  • 605
  • April 20, 2020
[addtoany]
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41

Accelerative Endowment

A life insurance policy option under which accrued dividends may be used to mature the policy as endowment insurance. This option allows the application of accumulated dividends to convert the policy into an endowment policy prior to its original maturity date. In essence, an endowment policy provides for a lump sum payment to the insured after the passage of a specific period of time. An accelerative endowment is a type of an accelerated option that allows policyholders to avail themselves of the value of their life insurance policies while they are alive. A holder of the resulting endowment policy can invest the lump sum amount in any desired way or can use it to purchase an annuity policy that generates fixed income


[related_posts_by_tax title="See also" posts_per_page="10" taxonomies="post_tag"]

[pt_view id=6ab58aeyuc]
[su_box title="Watch on Youtube" style="soft" box_color="#f5f5f5" title_color="#282828" radius="2" class="" id=""][su_row class=""][su_column size="1/1" center="yes" class=""] [/su_column][/su_row][/su_box]

Latest Terms

Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments

    Leave Your Comment

    Your email address will not be published.*