Of course you won't receive as much as you would if you waited the full 25
years, but a policy held with one of the top endowment providers should
fetch considerably more than you paid into it.
Who would want to buy an immature endowment policy?... continue reading
For further information on traded endowment, see our list of resources
years, but a policy held with one of the top endowment providers should
fetch considerably more than you paid into it.
Who would want to buy an immature endowment policy?... continue reading
For further information on traded endowment, see our list of resources
Traded Endowment Policies
Traded endowment policies are hard currency in the secretive
financial world !
Traded endowments have been around for many years and have become
known as one of the safest investment opportunities available, so much so
that in Europe especially, they form the backbone of the mortgage industry.
What is an endowment policy?
Until recently, I presumed that everyone knew about endowment policies,
but I have since learned that many North Americans have never
encountered them. So here is a very brief description written in layman's
terms:
Quite simply an endowment is a form of life insurance designed to run for a
fixed term and frequently used to guarantee a mortgage making
repayments less expensive.
You want to buy a house for $100,000.
You go to your financial consultant and take out an endowment policy for
$100,000. This policy requires you to pay a monthly amount for a fixed
period of 25 years for example.
After those 25 years the policy guarantees to pay you a minimum of the
face value of the policy, often they claim to be able to pay far more. If you
assign the policy to the mortgage company, they will accept that policy as
the loan security. You then only have to repay the interest on the loan (ONLY
the interest !!! - that's a laugh!)
...plus you have to maintain the payments on the endowment.
If you expire before the policy does then the company will repay the loan.
If you outlive the policy, then after the 25 years, the policy repays the original
loan to either you or the mortgage company if the policy is still assigned to
them and if the policy has earned even greater profit, then you get the rest.
This is all overly-simplified, but it forms the basis of most mortgages in
Britain, at least.
Traded endowment policies are hard currency in the secretive
financial world !
Traded endowments have been around for many years and have become
known as one of the safest investment opportunities available, so much so
that in Europe especially, they form the backbone of the mortgage industry.
What is an endowment policy?
Until recently, I presumed that everyone knew about endowment policies,
but I have since learned that many North Americans have never
encountered them. So here is a very brief description written in layman's
terms:
Quite simply an endowment is a form of life insurance designed to run for a
fixed term and frequently used to guarantee a mortgage making
repayments less expensive.
You want to buy a house for $100,000.
You go to your financial consultant and take out an endowment policy for
$100,000. This policy requires you to pay a monthly amount for a fixed
period of 25 years for example.
After those 25 years the policy guarantees to pay you a minimum of the
face value of the policy, often they claim to be able to pay far more. If you
assign the policy to the mortgage company, they will accept that policy as
the loan security. You then only have to repay the interest on the loan (ONLY
the interest !!! - that's a laugh!)
...plus you have to maintain the payments on the endowment.
If you expire before the policy does then the company will repay the loan.
If you outlive the policy, then after the 25 years, the policy repays the original
loan to either you or the mortgage company if the policy is still assigned to
them and if the policy has earned even greater profit, then you get the rest.
This is all overly-simplified, but it forms the basis of most mortgages in
Britain, at least.
| Traded Endowment Policies - what are they? (sometimes referred to as Reverse Pension Plans, RPP's or TEP's) |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| Traded Endowment Directory |
Useful Links and Resources
Excellent article on endowments
What are endowments
The TEP exchange
With Profit Policies
traded endowments
ukendowments.com
endowmentsurrenderplus.co.uk
More about traded endowments
Traded Endowment Portfolio
Org's Home Page
Excellent article on endowments
What are endowments
The TEP exchange
With Profit Policies
traded endowments
ukendowments.com
endowmentsurrenderplus.co.uk
More about traded endowments
Traded Endowment Portfolio
Org's Home Page
| Search Engine Optimization Get a Top 5 Google ranking in under 30 days! |
What happens if you sell the house and no longer need the policy to buy
another house?
Early Surrender of Endowment Policies
You could continue to pay the monthly installments and then look forward to
a cash lump sum at the end of the endowment period, or you could sell it
before it expires. There are umpteen companies willing to buy it from you
or sell it for you. You can even auction it. How much you receive for the
policy depends on the name of the endowment company and the age of the
policy. The older the policy, the greater its value.
another house?
Early Surrender of Endowment Policies
You could continue to pay the monthly installments and then look forward to
a cash lump sum at the end of the endowment period, or you could sell it
before it expires. There are umpteen companies willing to buy it from you
or sell it for you. You can even auction it. How much you receive for the
policy depends on the name of the endowment company and the age of the
policy. The older the policy, the greater its value.
 | |  | |  | |  |
|
Top Traded Endowment Policies
1. **ImperiaInvest** - documentation
complete
Receive $134,000 for a fee of only $50
complete - additional policies available
2. WorldPensionPlus - Fastest selling
Benefit plan
Receive $80,000 for a $55 fee Buy 5 - Get
5 FREE
Almost complete
Excellent website plus excellent
management and support.
3. GlobalPensionPlan - largest and
longest running plan
closed
4. HCI25 (ref=Organicman) - Close to
completion
Receive GBP42,500 for a one time $45 fee
This is the only company with a provable
history of paying out on large investments.
This Benefit plan is just one of their current
investment opportunities and is very close to
reaching the 27,000 members required.
DON'T DELAY.
5. Excelprestige - Excellent
management & support
Paying out $70,000 to members for a single
fee of $40
This is one of the best benefit plans
available. Buy 2 get 2 policies free!
6. UPI - Large payout
Paying members 80,000euros for a single
51euro fee
The only benefit plan based in the Middle
East.
7. Pensions Worldwide - One of the
original plans
Receive $75,000 - one time $50 fee
One of the first plans on the Internet, but
had to close for a while due to a contractual
matter. Back with a newly approved contract
and a lower target.
Why would someone pay you $75,000 or
more for a tiny admin fee?
Find out more here
1. **ImperiaInvest** - documentation
complete
Receive $134,000 for a fee of only $50
complete - additional policies available
2. WorldPensionPlus - Fastest selling
Benefit plan
Receive $80,000 for a $55 fee Buy 5 - Get
5 FREE
Almost complete
Excellent website plus excellent
management and support.
3. GlobalPensionPlan - largest and
longest running plan
closed
4. HCI25 (ref=Organicman) - Close to
completion
Receive GBP42,500 for a one time $45 fee
This is the only company with a provable
history of paying out on large investments.
This Benefit plan is just one of their current
investment opportunities and is very close to
reaching the 27,000 members required.
DON'T DELAY.
5. Excelprestige - Excellent
management & support
Paying out $70,000 to members for a single
fee of $40
This is one of the best benefit plans
available. Buy 2 get 2 policies free!
6. UPI - Large payout
Paying members 80,000euros for a single
51euro fee
The only benefit plan based in the Middle
East.
7. Pensions Worldwide - One of the
original plans
Receive $75,000 - one time $50 fee
One of the first plans on the Internet, but
had to close for a while due to a contractual
matter. Back with a newly approved contract
and a lower target.
Why would someone pay you $75,000 or
more for a tiny admin fee?
Find out more here
|
Beans of Wisdom
A society grows great when old men
plant trees whose shade they know
they shall never sit in
A society grows great when old men
plant trees whose shade they know
they shall never sit in