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Standard Life Endowment - options?
overstress
Posts: 2 Newbie
Hi, I've got a Standard Life endowment, taken out in 1991, 25 year term.
target amount of 69,000, current surrender value of about £27,500, guaranteed amount of £33,000 at maturity, with a mortgage endowment promise of between £5,800 and £8,700.....but possibly nothing.
Is there any way of reasonably predicting the size of the MEP? I'm debating whether to surrender the policy.
Many thanks.
target amount of 69,000, current surrender value of about £27,500, guaranteed amount of £33,000 at maturity, with a mortgage endowment promise of between £5,800 and £8,700.....but possibly nothing.
Is there any way of reasonably predicting the size of the MEP? I'm debating whether to surrender the policy.
Many thanks.
0
Comments
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Dont forget there has been and will be life insurance attached to it.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Thanks McNeff, I think I'm adequately insured, so I don't think that's an issue in this case.
For a numpty like me, the appearance, or not, of the MEP seems to be a mystery?0
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