Posted on July 20, 2013July 20, 2013
The amount payable to a living insured at the end of an endowment period, or to the owner of a Whole Life policy if he lives past a certain age.
Facebook
Linked In
Instagram
Contact Us
News
Calculators
Named perils are the specific dangers a policy insures you against – such as fire, windstorm, and hail in a homeowner’s policy, for example. These perils are “named” or listed in the policy.