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Endowment Matured

tiony
tiony Posts: 33 Forumite
edited 13 August 2013 at 2:11PM in Mortgages & endowments
Our Endowment Policy has just matured and although we knew it would be less than expected - is the amount offered 'take it or leave it?'

Comments

  • dunstonh
    dunstonh Posts: 121,058 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It is not the insurance that is paying out. It is the investment that is paying out. You get the value that the investment is worth on maturity. No more, no less (caveat applying to Mortgage endowment promise values).
    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.
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