Anyone with a 25 year endowment which matured recently ?

FiBi

Sum assured. £9750.00
Yearly bonus added before 16/11/2012 £7222.25
Interim bonus since 16/11/2012. £24.83
Final bonus. £2583.56
Mortgage endowment promise top-up payment £832.00
Maturity value. £20412.64
Target was £30k
Shortfall. £9587.36

Could have been a far worse outcome had I mortgaged myself up to the max all those years ago. Am now mortgage free!

lessonlearned

Thanks for the info.

I will post up my results when the come to maturity next month.

bigal993

bobzilla wrote: »

Just to confirm we have now received the payout on our 25 year Aviva/NU "Low start" policy (Ave. £56 pm, Mar 1988-Mar 2013).
The amount was £23,101 -- details as above -- and the terminal bonus of £1,900 was 18.4% of the Sum Assured.

Did you get any extra for the MEP mate, which was there mortgage promise ?
Al

bobzilla

Sorry for the delay. The breakdown of our final payout was given in post # 27 on page 2 of this thread and yes it did include an MEP -- of £4500.

nokandu

My tenner a month for 25 years ( 3 K ) got me less than 5 back with Standard Life

penwise

Anyone got a Friends life endowment that has matured ? I have one due to mature on the 14th June 2015 and am trying to decide whether to keep it or not. Thanks

Scotammic

DancingDragon wrote: »

Scottish Amicable/Pru policy target amount approx 50k paid out 44k. Not as bad as I thought it may be

Hi,
Can I ask what your payments were, I have a Scottish Amicable/Pru Policy due to Mature in Jan/2014, The original Payments were £78.00 P/Month Then this was raised in 2001 to £104.00...Looking at everybody's else's maturing values I'm either going to have a big surplus (I don't Think So) or have I paid way over the top........Currently the total Bonuses and Benefits are £33k as at 31/12/2012, Can't see it making the original 48K needed....:(

DancingDragon

Sure - I should have put it in! It was just over £66 per month - never changed

Simba999

Has anybody had a Scottish Provident endowment mature this year. I have one that is due in December. Should have paid out £54000. Lowest estimate £38000 highest £41000. Not sure if this includes terminal bonus or not ?

Tycoed

General Accident (now Aviva) Low cost endowment 25 year. £30.72/month. Target £24330. Payout £18,018 on 02/08/2013.