📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

endowment policy ... PICKING UP ????

Options
13»

Comments

  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Hi pjala

    There are four things you can do - keep it as is, try to sell it, surrender it and reinvest the money/reduce the outstanding mortgage amount, or keep it at FP but move the money into a hopefully better-performing fund.

    Best to post some details about it so we can see better what to do.

    Guaranteed sum assured
    Total bonuses
    Surrender value
    Maturity date
    Monthly payment

    Is it still attached to a mortgage?
    Would you need to replace the life cover?
    Trying to keep it simple...;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.