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Endowment ending in June 2012

Hi ,can anyone advise me what happens at the end of my endowment next june,i have paid £22 per month for 24 years.I have noticed people talking about terminal bonuses,are these a % of the amount currently in the fund which is approx 12K,the policy is with Aegon formerly Scottish Equitable

Comments

  • holly_hobby
    holly_hobby Posts: 5,363 Forumite
    1,000 Posts Combo Breaker
    edited 26 July 2011 at 11:27PM
    Any TB paid represents a % of the fund payable on maturity.

    It is a discretionary bonus, the % figure (if any) won't be known until nearer the date. (payable only on WP policies)

    It is therefore not guaranteed - but you may strike lucky and get something ... I do hope so ;)

    Hope this helps

    Holly
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