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  • Answer Upon - Buying Insurance Bonds: Endowments And Broker Funds

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    Endowments

    These are usually associated with mortgages. They have recently come under criticism because returns are lower than were expected a few years ago and some holders are being notified that their policy is now unlikely to produce enough money to pay off the mortgage when it becomes due.

    However, they are a suitable vehicle for lump sum investing and take the form of a one off lump sum investment in a ten year policy. There are with profits and unit linked varieties, the only difference being a terminal bonus in the case of with profits, which should be substantial.

    Second hand endowments

    There is a mark

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    wer than were expected a few years ago and some holders are being notified that their policy is now unlikely to produce enough money to pay off the mortgage when it becomes due.

    However, they are a suitable vehicle for lump sum investing and take the form of a one off lump sum investment in a ten year policy. There are with profits and unit linked varieties, the only difference being a terminal bonus in the case of with profits, which should be substantial.

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    There is a mar

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    y to pay off the mortgage when it becomes due.

    However, they are a suitable vehicle for lump sum investing and take the form of a one off lump sum investment in a ten year policy. There are with profits and unit linked varieties, the only difference being a terminal bonus in the case of with profits, which should be substantial.

    Second hand endowments

    There is a mar

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    of a one off lump sum investment in a ten year policy. There are with profits and unit linked varieties, the only difference being a terminal bonus in the case of with profits, which should be substantial.

    Second hand endowments

    There is a mar

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    Second hand endowments

    There is a market in second hand endowment policies and these can be a good investment. You buy the policy for a lump sum and unless it is paid up you need to be able to continue paying the premiums till maturity.

    As the life assurance element continues on the life of the original investor, you can get an earlier pay out if that person dies but you need to keep in touch in order to find out if it happens.

    To spread the risk, you can invest in second hand endowments via a specialist investment trust.

    Maximum inves

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