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About " rural society endowment insurance " interpreter
From;    Author:Stand originally
About the definition of Endowment Insurance.

Endowment Life Insurance: Endowment Life Insurance Generally Guarantees That A Sum Of Money Will Be Available To You Or Your Beneficiaries, whether You Live Until The Policy Ends (or “matures, ”) Or In Case Of An Untimely Death. Endowment Insurance Usually Provides A Guaranteed Death Benefit And Has A Savings Component Called The “cash Value. ”
Endowment Insurance

Definition: A Type Of Life Insurance That Is Payable To The Insured If He/she Is Still Living On The Policy's Maturity Date, or To A Beneficiary Otherwise.

According to these two definitions, I feel we are so called rural endowment insurance, not be Endowment Insurance, however Old-age Benefits or Socail Security
(article origin: Interpret alls alone net)

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