We have had it all checked out before and we were assured then we would meet out target,but now with only 5years before the policies mature we are being told we are going to have a shortfall.Is it too late now to do something as I feel we were not only mi sold but now misled.We are so angry so is th
In Life Insurance, by Dan McGill, 1967 Edition, we read, “from the standpoint of structure, it may be said that an endowment policy is a combination of pure or level term insurance and a pure endowment. The same description may be applied to a whole life policy, which is simply a combination o
Take plenty of advice. You might be better to sell it (called a Traded Endowment Policy or TEP) in the second hand market. If the policy has only been in force a few years it probably has little or no value. To be worth cashing in or selling, a policy needs to be usually 7+ years old.
This might
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