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Endowment ending in June 2012
redmalc
Posts: 1,436 Forumite
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
0
Comments
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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
Holly0
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