What type of insurance includes benefits from endowments and annuities?

Life insurance includes benefits from endowments and annuities because it is designed to provide financial protection for beneficiaries upon the insured's death, as well as to accumulate cash value over time. Endowments are a type of life insurance that pays a lump sum to the policyholder either upon reaching a certain age or upon death, whichever comes first, effectively combining savings with life insurance protection.

Annuities, on the other hand, are financial products that can provide a stream of income, often used in retirement planning, by converting a lump sum into a series of payments over time. These products are often tied to life insurance policies, as they consider the insured's lifespan and offer benefits that can be complementary to the aspects of life insurance.

While personal property insurance covers physical belongings, travel insurance protects against risks associated with travel, and crop insurance is aimed at safeguarding farmers' investments in their crops, none of these address the specific mechanisms of endowments and annuities. Thus, life insurance is the only option that encapsulates the benefits from both endowments and annuities effectively.