What Is Pure Endowment Life Insurance?

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    Peggy Mace
    Most of the U.S.
    Pure endowment life insurance is seldom (if ever) sold at this current time. Pure endowment life insurance is defined as life insurance under which the face amount of the policy is payable only if the insured person survives to the end of the endowment period. If death occurs during the endowment period, it will not pay anything.
    Answered on May 8, 2013
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