📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

standard life endowment

Options
should I surrender /sell my policy .
Start date 1991
maturity date 2016

Value at 1/2/09 £5,703.85

mimimum pay out on maturity £8,011.59

Premium £21.28 permonth

current mortgage interest rate 0.68% .
This policy will never pay the mortgage ,but it could take a bit off it .
"Do not regret growing older, it's a privilege denied to many"

Comments

  • dunstonh
    dunstonh Posts: 119,707 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    unit linked or with profits?
    if unit linked, what funds? if with profits is it unitised or conventional?
    what is your mortgage promise value?
    what are the projections and rates used?
    what is current value and surrender value?
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.