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low cost endowment

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Icon Mini Profile damcquillan





Joined: 11 Oct 2009

Posts: 1

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Post Posted: Sun Oct 11, 2009 3:28 pm    Post subject: low cost endowment
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We have a low cost endowment policy which is about to mature. We accept that there will be a shortfall and the amount of the shortfall will now be governed by the size of the terminal bonus. How will we know that the company is being fair with the value of the terminal bonus? Do we have the right to know how this has been calculated?
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10148
Location: Nevada
941.94 Dollars($)
Post Posted: Sun Oct 11, 2009 8:39 pm    Post subject:
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Hi damcquillan,

You can contact your insurance agent and request him to help you understand the calculations. This will help you in knowing what your terminal bonus would be like. You can check out the given page to know more about low cost endowment policy:
http://www.mortgagefit.com/low-cost.html

Thanks
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