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Scottish Widows Flexible Endowment
makemesumdosh
Posts: 325
Forumite
I have a Flexible Endowment plan which is supposed to run for 20 years. i pay £25 a month, and have been for nearly 15 years so have paid in roughly £4500.
sum assured is £4940 and has earned bonuses of just over £700.
Death benefit includes terminal bonus of just under £1000 (£6600).
The surrender value is £4800
Assumed growth of 2.5% and 6.5% give an illustrated maturity valus of £7060 and £8530.
is it worth keeping for another 5 yrs or should i cash in, or even sell on traded endowment policys
any advice welcome
sum assured is £4940 and has earned bonuses of just over £700.
Death benefit includes terminal bonus of just under £1000 (£6600).
The surrender value is £4800
Assumed growth of 2.5% and 6.5% give an illustrated maturity valus of £7060 and £8530.
is it worth keeping for another 5 yrs or should i cash in, or even sell on traded endowment policys
any advice welcome
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