養よう老ろう保ほ険けん

よ

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ほ

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Meanings

1

noun

endowment insurance

A type of life insurance that pays a benefit upon the policyholder's death or upon maturity of the policy, whichever comes first. Common in Japanese financial contexts.

養よう老ろう保ほ険けんに加か入にゅうして、老ろう後ごの資し金きんに備そなえる。
I take out endowment insurance to prepare for retirement funds.

養

foster, bring up, rear

老old man, old age, grow old

保protect, guarantee, keep

険precipitous, inaccessible place, impregnable position

Similar 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.