Indowment Policies
Sep 13th 2003, 7:02 pm
#1
Just Joined
Thread Starter
Joined: Jun 2003
Posts: 12
Indowment Policies
WE STILL HAVE 10 YEARS LEFT ON INDOWMENTS ,ADVICE NEEDED.
1) DO WE SELL AT A LOSS.
2)HOLD ON TO THEM AND PAY PREMIUM.
3) IF WE DO 2 IS THIS CLASSED AS AN OFFSHORE INVESTMENT.
1) DO WE SELL AT A LOSS.
2)HOLD ON TO THEM AND PAY PREMIUM.
3) IF WE DO 2 IS THIS CLASSED AS AN OFFSHORE INVESTMENT.
Sep 16th 2003, 5:58 pm
#2
Forum Regular
Joined: May 2003
Posts: 234
Other options would be to try selling them on the open market via one of the numerous endowment brokers (do a search on Google) and hopefully get more than your endowment company is offering, or make them paid up and not pay any more contributions but wait for them to mature before cashing in.
Make sure you get advice from an IFA before doing anything!
Ben
Make sure you get advice from an IFA before doing anything!
Ben
