Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Section <strong>14</strong>.4<br />
Life Insurance<br />
endowment<br />
life insurance that<br />
provides coverage<br />
for a specific<br />
period of time <strong>and</strong><br />
pays a sum of<br />
money to the<br />
policyholder if he<br />
or she is living at<br />
the end of the<br />
endowment<br />
period<br />
Other Types of Life Insurance Policies<br />
Other types of life insurance policies include:<br />
• Group life insurance<br />
• Credit life insurance<br />
• Endowment life insurance<br />
<strong>Business</strong> <strong>and</strong> <strong>Personal</strong> <strong>Finance</strong> <strong>Unit</strong> 4 <strong>Chapter</strong> <strong>14</strong> © <strong>2007</strong> Glencoe/McGraw-Hill<br />
53