AEGON and SL Endowment

JonnyBeef

Hi,

I am thinking of surrendering or selling my endowments.
They are no longer tied to my mortgage which is 4.99% fixed for 10 years (until 2017).
Because of penalties I can't pay back more than 10% of my outstanding mortgage each year so I would need to find some other home for about half of the proceeds.
I don't think AEGON have reduced the value yet following the recent stock market decline so should I off-load that asap before they do?

Any comments would be welcome. I don't know why board members bother to reply to messages like this but I am glad you do. Thanks in advance.

Jon


Provider: Scottish Equitable (AEGON)

Details from June 2008 statement

Policy Type: Low Start M-Plan

Maturity Date: 22/06/2012

Basic Benefit: £7,883.00

Previous Yearly Bonuses: £6,431.86

2007 Bonus: £429.45

Total Benefit: £14,744.31

Total amount guaranteed on death: £21,250.00

Surrender Value today: £17,558.42


Provider: Standard Life

Details from March2008 statement

Maturity Date: 28/07/2012

Bonus Added to Plan: £2,207.14

Sum Assured: £3,600.00

Minumum payable at maturity: £5,807.14

Total amount guaranteed on death: £10,000.00

Surrender Value today: £4,755.00

EdInvestor

Please post the following:

Monthly premium
Maturity forecasts (ring up and ask)