Monday, 7 March 2011

Insurance - Enhanced Endowment Policy Suck! (2)

Insurance - Enhanced Endowment Policy Suck!

I have received a letter from XXX Insurance company informing me that annual bonus will be credited on 6 Mar 2011.

After paying premiums for the last 14 years, the Net Surrender Value is 90.4% of the total premium paid and it didn't even breakeven after 14 years.

Read? Saving, Life Insurance and Investing - 2nd Revist

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