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In the Middle Ages specific pensions and endowment insurances were concluded similar to the ones in present days, the monastery receives wealth in exchange for lifetime rent.
Dowry insurance has the following structures: church has obtainable money by the means of donations and bequests off earthly possessions, thus pledging to the payment of pensions for life to the donors or their children but if you the person would die, everything would become the property of the church.
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