Endowment Insurance
With an endowment insurance policy, you can invest your assets at a guaranteed rate of interest and with optimum security. An endowment policy is particularly suitable for people aged between 40 and 66 who are looking for insurance cover and are keen to see their assets achieve a secure performance.
To get your valuation and free compensation assessment of your endowment just click here
You receive a guaranteed rate of interest on your investment from the insured sum when the policy matures. The non-guaranteed bonus shares are also paid out, further boosting returns.
Your Benefits. Ideal combination of investment and insurance cover. Attractive return and maximum security, the amount paid out is guaranteed and you get tax-free returns.
You may already be familiar with endowment insurance, which offers both protection and savings. If you aren't they are fairly straightforward to understand. The idea is simple: you pay a monthly premium and when the policy matures you receive a capital lump-sum (you'll also have life insurance cover for the duration of the policy).
Anyone considering an endowment policy will first need to establish the term (or length) of the policy, and then decide whether they want it to be ‘with profits' or ‘unit linked'.