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養老保険 (ようろうほけん, yourouhoken) Japanese meaning | Kotomora
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I take out endowment insurance to prepare for retirement funds.
Kanji 老 old man, old age, grow old 保 protect, guarantee, keep 険 precipitous, inaccessible place, impregnable position Related words 終しゅう 身しん 保ほ 険けん 終身保険 is whole life insurance that pays only upon death, while 養老保険 also pays at maturity if the insured is still alive.
定てい 期き 保ほ 険けん 定期保険 is term life insurance that pays only if death occurs within a specified period, with no maturity benefit.
Etymology Compound of 養老 (ようろう, 'care for the elderly') and 保険 (ほけん, 'insurance'). The term reflects the dual purpose of providing for old age or for beneficiaries upon death.