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Endowment advice please.
BrumTina
Posts: 6 Forumite
I would like some advice regarding my endowment, please.
The details are:
Commenced 1991
Terminates 2016
Current Monthly Payments £55.12
Current Surrender Value to the endowment co. £8,931.00
The life assurance for my now ex-husband (of 8 years) and for myself is still active, as when it was first set up.
The question is, what should I do with it?
Struggle on with the payments?
Sell it?
Freeze the payments for 12 months in the hope that I find work to pay the whole year back?
Any advice would be welcome.
Many thanks.
The details are:
Commenced 1991
Terminates 2016
Current Monthly Payments £55.12
Current Surrender Value to the endowment co. £8,931.00
The life assurance for my now ex-husband (of 8 years) and for myself is still active, as when it was first set up.
The question is, what should I do with it?
Struggle on with the payments?
Sell it?
Freeze the payments for 12 months in the hope that I find work to pay the whole year back?
Any advice would be welcome.
Many thanks.
0
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