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where do i start endowment help ??????
jmp410
Posts: 57 Forumite
hi
would be great if someone could help.
I have 2 endowment and have no idea where to start . They where both sold to me ,one about 15 years ago and one 13.
both together will not cover the amount needed for my morgage.
how do i start sorting this out .
many thanks jmp
would be great if someone could help.
I have 2 endowment and have no idea where to start . They where both sold to me ,one about 15 years ago and one 13.
both together will not cover the amount needed for my morgage.
how do i start sorting this out .
many thanks jmp
0
Comments
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Hi jmp
Post the following info
Which companies?
Guaranteed sum assured
Bonuses so far
Surrender value (ring up if necy)
Monthly premiums
Maturity datesTrying to keep it simple...
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Similarly I have 2 endowments, sold to me by an IFA some years ago. Both are LegaL & General and expire in about 11 years. I am (assuming a 6% increase) going to be about 12k down. He as said to me no-one knows what is going to happen, it may go up or further down, sit tight and if all else fails when they do expire just take a mortgage for the 12k which in another 11 years wont cost hardly anything, sounds sort of logical, anyone any advice ?0
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Look at the Which endowment website and the leaflets from the FSA.illegitimi non carborundum0
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