endowments

An endowment policy is a contract of life insurance offered to the death to pay a fixed amount for a specific period or earlier -. foundations can be converted at an early stage known as abandoned - and then each company pays for the surrender value of insurance , which is decided by how long the policy has been run and how much to pay status.

For the duration of the circumstances of the favorable investment climate, the redemption value or surrender value may be downsizing from a 'MarketSetting value 'to allow the cash required in units in a time when investment conditions are not perfect. This means that the investor takes delivery of the cash surrender value less the market value adjuster.

o A policy framework is a mixture of insurance and investment: the life of the individual under the policy of a specific sum assured. This life cover is also called the insured amount. A portion of the premium is calculated in the direction that the sum insured. A set ofPart of the award is given to the cost of management of operating costs of the insurance company that sells the policy. The left part of the premium is invested.

Or it could announce a life insurance capital of a bonus each year: the money invested annually produce a certain return. This return can be confirmed as a bonus. The bonus is intended to cover typical of a certain ratio of the sum insured or life, because it is widely acknowledged generated.

The bonus will be confirmed orare not paid immediately, as is the case of a stock dividend or an investment fund, the dividend will be paid immediately after it was declared, said building the bonus and will only be paid if the policy matured or in the case are the ' insured dies.

The bonus does not explain or more, accumulates only

Because the content or bonuses are not declared lower back

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