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Unitised with profit endowment |
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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 MatchesUnit 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. Unit linked endowment assuranceUnit linked endowment assuranceSee: 'endowment assurance'. Endowment insuranceEndowment insuranceA 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. Factor endowmentFactor endowmentThe quantity of a primary factor present in a country. See endowment. Second hand endowmentSecond hand endowmentSee: 'traded endowment policy'. Further Suggestionsfull endowmentendowment mortgage endowment Endowment pure endowment endowment assurance Low cost endowment income endowment Full with profit endowment income pure endowment Low start endowment child deferred endowment Endowment Non profit endowment Traded endowment policy (Tep) |
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