This could provide a guaranteed income for a set period with a guaranteed maturity value
at the end.
Benefits offered by this plan includes capital protection', by way of minimum guarantee of 101% of all premiums paid as the maturity value
The agents of this chit fund company used to collect `27,000 from investors and promised a maturity value
of `1 lakh after three years.
However, the certificates can be encashed after a lock-in period of two years and six months on a predetermined maturity value
In recognition of the distress and inconvenience caused, we have credited her account with a further payment, which includes backdated net interest on the maturity value
Customers are also eligible for the maturity value
by applying the highest value of Net Asset Value (NAV) locked-in during the tenure of the plan, with the minimum period required being 10 years.
Each installment premium paid has a guaranteed maturity value
which is payable on the vesting date.
He adds: "One attraction of with-profits policies is that once bonuses are added to the maturity value
, they cannot be taken away.
A YOU need to find out the surrender value of your policy, the proportion of the maturity value
you would get as a terminal bonus and whether you'd incur any penalty charges, You might then decide you're better off sticking with your endowment.
As contract maturity value
is a function of the market value of assets, benefit payments can be expected to drop in adverse market conditions," SSS said.
5% net of tax and charges to match the quoted maturity value
At the end of the five years there is a guaranteed maturity value
of pounds 80,076 that will be used to provide income on whatever basis the client chooses.