What Is Endowment Plan In Life Insurance? 
Endowments are single or ten pay life insurance policies . They are security policies and are designed for estate preservation or high cash value accumulation . They are now called modified endowment life insurance . Years ago before this investments were made in order to avoid taxes . So they became modified so that these advantages were not used . Its still life insurance and all the benefits of a life insurance policy but the premium payment differ however all life policies can be single payed . I specialize in these policies . 