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Possibly Cashing in Endowment Policy
Andrew4444
Posts: 56 Forumite
I am aware that I can get an estimate and have applied for one but is it true that as an investment it would generally be better to leave to maturity rather than cash in and reinvest the money myself (assuming I could get approx 5% per year growth).
I assume that the only reason people cash in their policies is because they need the cash rather than they think the future return will not be good??
Is that right?
I assume that the only reason people cash in their policies is because they need the cash rather than they think the future return will not be good??
Is that right?
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