These types of policies pay the sum assured on a set date or on the death of the policyholder if sooner.
There are many types of UK Endowment, for example With Profit, Unit Linked, Flexidowment, Lowstart and Non Profit.
They can be used for many types of investment purposes, for example for repaying a mortgage, saving for a specific purpose or school fees planning.
If you want information on how to sell an existing endowment click here
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