What Is A Life Insurance Endowment Policy? 
A life endowment policy is a policy that guarantees that the guaranteed cash value will equal the face amount of the policy at at specified time . A whole life policy is an Endowment at 100 . Another example a $ 100,000 Endowment at age 65 plan would have a guaranteed cash value at age 65 of $ 100,000 plus any accumulated dividends . They were once quite popular , because of the guarantees and tax advantaged growth . New product advancements and changing tax laws have caused few -LRB- if any -RRB- companies to even issue them . -LRB- In Canada at least -RRB- . The notable exception are Whole Life policies which endow at age 100 -LRB- The face amount equals the guaranteed cash value -RRB- If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . 