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endowment calculator anyone?

Hello!
Does anyone out there have a good formula to calculate the value of an endowment policy on maturity?
Ta!
What goes around - comes around
give lots and you will always recieve lots

Comments

  • dunstonh
    dunstonh Posts: 120,009 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You mean a projection if a certain rate is achieved?

    Ask the insurance company to send you a projection.  They normally use 4%, 6% and 8% or more recently 4,5,6%

    Some providers have this facility available online to the servicing IFA. So you could ask your IFA to get it. I churned one out in 5 minutes the other day
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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