Poor Health? Need Life Cover? Use Your Endowment

Published / Last Updated on 09/11/2002

How much do you know about your endowment policy?  Did you know that you might be able to increase the amount of life insurance you have in it, without any extra medical evidence needed? Does it contain the benefit 'waiver of premium' so that the insurance company pays the premiums if you are long term sick?  Endowment policy holders should be aware of their policy benefits to get the most out of them.  It might be worth digging out your policy to find out what benefits are included.  Some policies allow you to extend the term, increase the life insurance, allow an early maturity and include protection in case you cannot pay the premiums.  With all of the bad press about endowments we thought it was time to point out just some of the potential benefits! Contact us for help.  Search the archive for other endowment stories.

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