what does 20 pay 25 year endowment means?
INSURANCE TALK, ok let start
INSURANCE TALK, ok let start
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Aug 18 2013, 06:58 PM
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#1
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1,337 posts Joined: Apr 2011 |
what does 20 pay 25 year endowment means?
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Aug 18 2013, 09:36 PM
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#2
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1,337 posts Joined: Apr 2011 |
QUOTE(SithBuster @ Aug 18 2013, 08:22 PM) It means 20 years of PREMIUM PAYMENT and MATURITY PERIOD of 25 years. does that mean after 20yrs no need to pay premium and after 25yrs i get back full amount i insured? You pay for 20 years and then get to withdraw maturity full amount on the 25th year. if something happen on 21yrs then what? |
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