Edwin E. answered 10/28/19
Effective Science Educator with a Track Record of Success.
Let me address the endoskeletal invertebrates first, squids, octopi, star fish, and sea urchins are all classified as invertebrates but do possess and endoskeleton. So yes, they do exist.
Next the importance of the vertebral spinal - keep in mind that the classification systems are used to differentiate life forms based on anatomical and physiological differences, in the modern age we also utilize genetic comparisons, it was the simplest way to divide vertebrates and invertebrates from one another. Additionally, the presence of a rural crest during embryonic development is unique to the phylum chordata.
Lastly, in terms of utilizing the phrase "Higher Lifeforms" is utilized to describe differences in the neural capabilities of each species based on possessing advanced brain structures.