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Legal & General Endowment
alrg500
Posts: 11 Forumite
Hi there, I am after some advice on a L&G flexible mortgage plan endowment I have.
Details are.
Started July 1995
Finished July 2020
Monthly premium £54.87
Death Sum Assured £34956.00
Current Redemption value is £7771.69
Apparently it is not a with profits policy so there are no bonuses.
Is it worth keeping paying in or just redeeming?
Can I sell this to a broker or are they only interesed in with profits policys?
I have already claimed against it being missold a few years ago and was paid out the difference between a repayment and the vale then of the policy.
Thanks
Details are.
Started July 1995
Finished July 2020
Monthly premium £54.87
Death Sum Assured £34956.00
Current Redemption value is £7771.69
Apparently it is not a with profits policy so there are no bonuses.
Is it worth keeping paying in or just redeeming?
Can I sell this to a broker or are they only interesed in with profits policys?
I have already claimed against it being missold a few years ago and was paid out the difference between a repayment and the vale then of the policy.
Thanks
0
Comments
-
You can't sell it.
Please post the maturity projections.What interest rate are you paying on your mortgage?Trying to keep it simple...
0
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