Usually means: Savings plan with life insurance.
Definitions Related words Mentions
We found 9 dictionaries that define the word endowment policy:

General (8 matching dictionaries)
  1. endowment policy: Collins English Dictionary
  2. endowment policy: Cambridge Advanced Learner's Dictionary
  3. endowment-policy, endowment policy: Wiktionary
  4. endowment policy: The Wordsmyth English Dictionary-Thesaurus
  5. Endowment policy: Wikipedia, the Free Encyclopedia
  6. endowment policy: TheFreeDictionary.com
  7. endowment policy: Longman Dictionary of Contemporary English

Business (1 matching dictionary)
  1. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (endowment policy)

noun:  a life assurance savings scheme designed to pay out a lump sum when the policy matures

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