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Endowment policy won’t cover mortgage for 86% of homeowners

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  • Endowment policy won’t cover mortgage for 86% of homeowners

    Endowments were primarily taken out as a savings vehicle expecting to pay a mortgage off or to have a certain lump sum available at a specific date.They have always been thought of as a good investment for homeowners but the reality is that 86% of endowment policyholders have received warning that their policy will not [...]

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