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Last endowment premium

My endowment matures in May, so I guess my final premium is the one paid in April. Is that correct?

Comments

  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You really need to look on your policy or give them a ring to confirm.

    No one here could possibly know that.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • hansi
    hansi Posts: 3,001 Forumite
    Part of the Furniture 1,000 Posts
    I don't see that "No one here could possibly know that". Many posters who have endowments mature recently would know. I was just asking generally in a polite manner.
  • picardygirl
    picardygirl Posts: 558 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I would imagine it would depend on when your monthly payments are due and when your policy matures. Eg, if your payments are taken on 1 May and your policy matures on say 24 May, i would imagine a May payment will be taken, ...... but as McKneff says no one here could possibly know that ..... the only way to answer your question is check your paperwork or phone them.
  • hansi
    hansi Posts: 3,001 Forumite
    Part of the Furniture 1,000 Posts
    Thank you.I was just asking a general question. My policy matures on 9th May so I guess my last payment will be 9th April. I'll wait till they get in touch.
  • morrow56
    morrow56 Posts: 210 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hi Hansi

    Can confirm April would be your last payment - same as mine - mine matures 8th May and last payment was yesterday - final amount didn't differ from earlier figures am afraid
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • hansi
    hansi Posts: 3,001 Forumite
    Part of the Furniture 1,000 Posts
    Thanks morrow, How soon after your final payment did you get your figure, and was it much of a shortfall. You can pm me if you wish.
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