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endowment ending
chog
Posts: 6 Forumite
I've got a couple of endowment policies ending this year and they are way below what they should be. I don't need them to pay anything off. I remember some time ago you used to be able to stop paying but keep the money invested in the hope that the end bonus would increase as the markets recover. Can this still be done and is it a good idea?
0
Comments
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You can make the policy 'paid up'. If you are an eternal optimist it may be a good idea. You could benefit but you are (IMHO) more likely to lose.
I'm not an eternal optimist.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0
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