Endowment matures

[Troll]

Endowment taken out for first property sooooooooo long ago matures this December

Had all the usual "you policy is at risk" arse covering letters over the years - but as the mortgage is already paid off I kept it running for the life cover and as a savings scheme

Policy was to cover a £47500 mortgage (eeee houses were cheap in them days!)

Payout is £36595 so a 23% undershoot! and I remember at the time the bint who sold it suggested it should be worth £60000 at maturity on current projections

Feels like institutionalised mugging

What should I spend £36595 on?

[EternalOptimist]

Endowment taken out for first property sooooooooo long ago matures this December

Had all the usual "you policy is at risk" arse covering letters over the years - but as the mortgage is already paid off I kept it running for the life cover and as a savings scheme

Policy was to cover a £47500 mortgage (eeee houses were cheap in them days!)

Payout is £36595 so a 23% undershoot! and I remember at the time the bint who sold it suggested it should be worth £60000 at maturity on current projections

Feels like institutionalised mugging

What should I spend £36595 on?

top man. worked out well for you.

you could go for a wee

3,659,500 times ??


if you had cashed it in with the warnings

you might have gone for a wee 1,000,000 times

[Troll]

678 24x500ml can packs of Carling Special Brew

[EternalOptimist]

678 24x500ml can packs of Carling Special Brew

any kids ?

[Troll]

if you had cashed it in with the warnings

you might have gone for a wee 1,000,000 times

Naw the mis selling offer from the Insurance Co was 2 zeros off that

[Troll]

any kids ?

how much are kids these days- 3 for a £1 ?

(mine are all grown up and either at uni or left home -so happy days)

[Troll]

1.5 x Toyota GT86s ?

[EternalOptimist]

how much are kids these days- 3 for a £1 ?

(mine are all grown up and either at uni or left home -so happy days)

exactly. if you get any spares. pay a bit of their mortgage off


imho

[Troll]

exactly. if you get any spares. pay a bit of their mortgage off


imho

Fook that - I had to work mine off !

[EternalOptimist]

Fook that - I had to work mine off !

fair do's