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Old 05-20-2008, 04:29 AM
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Post 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 lump sum available at a specific time.They have always been considered a good investment for homeowners but the reality is that 86% of endowment policyholders have received warning that their policy will not be enough to [...]

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