|
|
Unitised with profit endowment |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Unitised with profit endowmentThis 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.Unitised with profit endowment Similar MatchesChild 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. 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. Unit linked endowmentUnit 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. EndowmentEndowmentGift of money or property to a specified institution for a specified purpose. Full endowmentFull endowmentAn endowment policy in which the savings element is significantly increased. Further SuggestionsFull with profit endowmentunit linked endowment assurance endowment assurance income endowment Low cost endowment endowment insurance Endowment Factor endowment endowment mortgage Non profit endowment endowment Traded endowment policy (Tep) Low start endowment second hand endowment pure endowment |
|
|
|