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Our Glossary of life insurance terms
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Misc
Endowment
A life insurance policy that also carries an investment element
normally equal or greater than that of the sum assured.
Generally used in this country to aid the repayment of mortgages
used for house purchase but can also be used as a savings plan.
Endowments were once and are still sometimes used by charities
to generate income on a regular basis by setting a few of them
to mature regularly each year this ensured a regular set amount
of income.
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Life-Ins.co.uk is a service provided by Invest &
Protect Ltd registered
office 45 Market Street Hoylake Wirral
registered in England and Wales Registration
number 4566052
Invest & Protect Ltd is authorised and regulated by the Financial Services Authority
under firm reference number 439830. The
financial services authority does not regulate
inheritance tax planning.
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Invest & Protect LTD
45 Market Street
Wirral
Cheshire
CH47 2BQ
Tel
0845 22 55 191
Fax
0151 632 2117
email:
info@life-ins.co.uk
Office
Hours
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