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Should i cash in endowment

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I have recently been offered compensation for being missold an endowment policy from Norwich Union.

I was just wondering whether it would be advisable to cash in on the endowment?

Comments

  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Post some info about it

    Guaranteed sum assured
    Declared bonuses
    Surrender value
    monthly prmeium
    maturity dtae
    Maturity projections

    Was this policy originally with Commercial Union or General Accident?
    Trying to keep it simple...;)
  • dunstonh
    dunstonh Posts: 119,705 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Remember to note if the "upto £5000" endowment uplift is included in your plan.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • originally with CU....il put up the rest of details later.
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