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FP Endowment offers
Comments
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I don't think the need to meet a particular mortgage value comes into it. They're just assessing the likely investment returns - same as you!
But if you mean that you want greater certainty since it concerns the ownership of the roof over your head, whereas someone else might be happier taking risk to get a greater potential reward - that would be true.
A pity our endowment salesmen never pointed that out to us at the start of the policy :rolleyes:.0 -
Not a lot was pointed out.
I had a sheet of paper given to me with comparisons of Repayment vs Endowment with the potential bonus column showing a big fat circled zero against the former...0 -
I got FP to tell me how they work out the projections - seemed a bit complex - % growth on surrender plus future value of premiums less life and management charges of .4%.
Spoke to them again today and they were telling me that with an offer of £2640 above surrender it would actually be a good time to sell.
I'm wondering whether to auction it with a reserve value. Any experiences?0
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