An endowment insurance policy pays a sum or income to you, the
policyholder, if you live to a certain age. If you were to die before
then, the death benefit would be paid to your beneficiary. Premiums
and cash values for endowment insurance are higher than for the same
amount of whole life insurance. Thus endowment insurance gives you
the least amount of death protection for your premium dollar.
Rates and coverage vary form state to state so shop around on your
own or talk to an independent insurance agent to make sure you get a
plan that's right for you. For more information and rates on whole
life insurance visit our specialist site below.