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Non profit endowment |
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Non 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.Non profit endowment Similar MatchesEndowmentEndowmentGift of money or property to a specified institution for a specified purpose. Income pure endowmentIncome pure endowmentAn endowment plan which carries an option at maturity for the proceeds to be paid in the form of a regular income. In the event of the policyholder's death before maturity no benefit is payable. 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. EndowmentEndowmentA gift such as money or property to an institution for a given purpose. EndowmentEndowmentThe amount of something that a person or country simply has, rather than their having somehow to acquire it. In the H-O Model of trade theory, endowments refer to primary factors of production, ignoring the fact that some of them -- especially capital and skill -- are deliberately accumulated. Further Suggestionsendowment assuranceunit linked endowment assurance endowment mortgage Full with profit endowment pure endowment Low start endowment Factor endowment second hand endowment income endowment full endowment endowment insurance child deferred endowment Unit linked endowment Traded endowment policy (Tep) Unitised with profit endowment |
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