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Endowment selling - few questions
garytired
Posts: 3 Newbie
Hi
1) whats the tax angle on this ? - i'm assuming a normal endowment
if left full term is tax free (but i might be wrong)
mine is not linked to the mortgage anymore had it 18 years - its a 25 yr one
2) its N.U. by the way - they have projected if it grows at 2 % 4% etc.
but i dont think this includes the terminal bonus ?
figures back so far from a company who buy them dont sound great to me
if theres still an end bonus (though not guaranteed)
any pointers or info on this sort of thing ?
thanks
1) whats the tax angle on this ? - i'm assuming a normal endowment
if left full term is tax free (but i might be wrong)
mine is not linked to the mortgage anymore had it 18 years - its a 25 yr one
2) its N.U. by the way - they have projected if it grows at 2 % 4% etc.
but i dont think this includes the terminal bonus ?
figures back so far from a company who buy them dont sound great to me
if theres still an end bonus (though not guaranteed)
any pointers or info on this sort of thing ?
thanks
0
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