Unit linked endowment


 

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Unit linked endowment

Your monthly premiums are used to buy units in a fund or funds run by professional managers. Like unit trusts, the price of these units can go up and down, so the value of the endowment can constantly change.



Unit linked endowment

Similar Matches

Factor endowment

Factor endowment

The quantity of a primary factor present in a country. See endowment.


Full with profit endowment

Full with profit endowment

The most expensive endowment plan with the highest guaranteed returns. This type of endowment guarantees an annual growth and also to pay off the full loan at maturity which is the cause of the added expense. It also has built in life cover. The future growth of your investment is assumed to be at a certain rate, which determines the level of your premiums. The portion of your premium that is being invested is pooled with the premiums of other investors. Annual bonuses are added to the maturity value each year and are dependent on the performance of the investment fund. There is a possibility that the bonuses will take the maturity value above the level required to pay back the loan. This would result in a tax-free cash surplus, which you can spend on whatever tickles your fancy.


Endowment insurance

Endowment insurance

A cash value life insurance policy with a fixed term. Premiums are applied to give life insurance cover for the face amount and at the end of the term the cash value will equate to the face amount and be payable.


Unitised with profit endowment

Unitised with profit endowment

This is a hybrid unit-linked endowment, designed to smooth out price fluctuations that occur with unit-linked policies. The value of units is declared each year and that value is then guaranteed. The guaranteed value that is declared is at a discount to the actual value of the units. The guaranteed value will not reach the real value until the term of the endowment is up, so the chance of being able to pay of the loan early is minimised.


Child deferred endowment

Child deferred endowment

An 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 Suggestions

Low start endowment
unit linked endowment assurance
Endowment
Non profit endowment
income endowment
income pure endowment
endowment mortgage
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Traded endowment policy (Tep)
endowment assurance
pure endowment
second hand endowment
endowment
full endowment
Low cost endowment


 
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