Scottish Amicable endowment maturity values.

morrow56

Thanks again Dunstonh

I do really appreciate you taking the time to reply when I continually ask these questions

Thanks

Andrew

hansi

dunstonh wrote: »

Yes. The guaranteed sum assured will be reduced and final bonus can be reduced. You have another bonus announcement in there and its probable that the next one will be upwards given the recovery of late. Property is creeping up, fixed interest sector is back to pre-crash levels mostly (some higher, some lower but average is back) and stockmarket has had a good run. If we get no more recovery between now and the next announcement you would expect an increase in final bonus A paid up plan would get less than an ongoing plan. However, the differences in the final 12 months are likely to be small.

Thanks very much. I will hang in there.

PWH_2

My Scot Am matures end of July 2010 I am hoping the recovery of the last year of stock markets house prices will have put it back on track? I was on green for and forecasting an excess (increasingly smaller) for 23 years and then 12 months ago they suddenly send me a red saying we hope you have made other arrangements - Oh sure I have (not)
The other endowment with the pru (end of Oct 2010) this one I did increase monthly payments 10 years ago - they suggested an extra £5 per month so I did £30 to be on the safe side and still 12 months ago it suddenly went from Green and all's fine, to "you should be taking action" - way too late of course at the end of the policy!! would be interested to know what they are saying for your May policy??

hansi

at the moment £22700 to cover a 25k mortgage:mad: