Full Endowment Mortgage

The Full Endowment Mortgage is an interest only mortgage through which capital is repaid by the proceeds of a with-profits endowment life insurance policy. The basic sum assured is equal to the mortgage, guaranteeing that the loan will be paid off in the event of survival or death. A tax-free bonus is sometimes also payable, subject to investment performance.

What to do if you need more help

If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.

We hope you found this information useful.

return to previous menu…

Sponsors Advertising

Copyright © Steve Gears Associates. All rights reserved. No portion of this site may be reproduced without written permission. All Trademarks are freely acknowledged.The information on this site is based on UK data unless otherwise indicated. Non-UK visitors should check with experts within their own legal jurisdiction before relying on information presented here.

Website Terms of Use |  Other Resources |  Site Map