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Factor endowment |
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Factor endowmentThe quantity of a primary factor present in a country. See endowment.Similar MatchesSecond hand endowmentSecond hand endowmentSee: 'traded endowment policy'. Low cost endowmentLow cost endowmentDesigned to accumulate the sum needed to pay after a given period, usually for the purpose of paying off a mortgage. However there are no guarantees and investors may have to increase their premiums to build up enough to pay off their mortgage. Non profit endowmentNon profit endowmentThis type of endowment guarantees repayment of the loan. There are no annual or final bonuses and you generally have no chance of a cash surplus on maturity. Essentially, there is no benefit other than life cover which is eaqual to the value of the mortgage you have ttaken out. This is seen as an inefficient method of saving the money to pay back and is therefore rarely recommended as a method of repaying a mortgage. Income endowmentIncome endowmentAn endowment plan which carries an option at maturity for the proceeds to be paid in the form of a regular income. Child deferred endowmentChild deferred endowmentAn endowment assurance, on the life of a child, which can be taken as cash at maturity or converted to a full endowment or whole life assurance. Further SuggestionsendowmentEndowment Endowment endowment insurance endowment assurance Unit linked endowment Traded endowment policy (Tep) income pure endowment pure endowment Unitised with profit endowment unit linked endowment assurance endowment mortgage Full with profit endowment full endowment Low start endowment |
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