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Help Please.standard Life Endownent
catsneel
Posts: 140 Forumite
All you fantastic advisors out there, please help!
HERE'S THE FIGURES.
MONTHLY PAYMENT -85.92
PAYED IN TO JUNE-9,537.
CASN IN VALUE NOW-9,465
took out the policy in1997 ends in 2019.
This is a UNIT LINKED & 100%with profits policy and could have a final terminal bonus added.
Should we continue with the policy or cash in and put it into the mortgage which stands at 64,ooo
All advice gratfully received
THANKS.
HERE'S THE FIGURES.
MONTHLY PAYMENT -85.92
PAYED IN TO JUNE-9,537.
CASN IN VALUE NOW-9,465
took out the policy in1997 ends in 2019.
This is a UNIT LINKED & 100%with profits policy and could have a final terminal bonus added.
Should we continue with the policy or cash in and put it into the mortgage which stands at 64,ooo
All advice gratfully received
THANKS.
0
Comments
-
projection values?
current terminal bonus?
current fund(s) you are in?
Current value?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Thanks for replying so promptly dunstonh.
Here are the figures you asked for:
This is a low start homeplan policy.
Projection value: low rate-22,800
intermediate rate-27,100
high rate-32,300
target amount-33,000
current terminal bonus-1,030.85
current fund-8,435.04
current value-9,4654.89
Sorry for the delay in replying , just been on the phone today to get updated figures for you
Many thanks.0
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