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Unit linked endowment |
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Unit linked endowmentYour 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 MatchesEndowment assuranceEndowment assuranceA fixed term life assurance policy in which provision is made for premiums to pay for life cover plus a savings/investment element. The policy pays out a sum of money (the sum assured) on the death of the life assured or at a specified date (the maturity date) if the life assured survives the term. If an endowment policy is encashed in its early years any proceeds returnable to the policyholder will normally be below the value of the premiums paid up to cancellation. Income endowmentIncome endowmentAn endowment plan which carries an option at maturity for the proceeds to be paid in the form of a regular income. 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. Full endowmentFull endowmentAn endowment policy in which the savings element is significantly increased. EndowmentEndowmentA gift such as money or property to an institution for a given purpose. Further SuggestionsNon profit endowmentFull with profit endowment endowment mortgage Low cost endowment endowment insurance Endowment Endowment unit linked endowment assurance second hand endowment child deferred endowment Low start endowment Unitised with profit endowment pure endowment Traded endowment policy (Tep) Factor endowment |
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