Now that your endowment is coming up to maturity, it's time to decide what to do with your money. You may already have it earmarked for something - paying off your mortgage for example - but if you haven't, as the UK's largest insurer, we have options for you to choose from.
Our website only gives factual information about our products to help you make your own decisions. If you are unsure what to do with the money from your endowment policy and want financial advice please contact your financial adviser. If you don’t have a financial adviser you can find one via www.unbiased.co.uk.
Long term investments
If you don't need the money right now, you could consider one of the following options.
Our investment bond lets you invest in a range of funds to suit your investment aims and attitude to risk.
If you have any questions, call us on 0800 092 2436
Related frequently asked questions
Will I receive the money when my policy matures?
Generally, we pay you as the original policyholder, except when:
the policy is assigned to another person or company, in which case we will pay the money to them
the policy is held under trust, in which case we will pay the trustees
you have asked us to pay the money to a solicitor where they are accepting money or acting on behalf of the policyholder. If it's a joint policy and the policy holders are no longer together then a percentage to each may be paid.
When will you pay out the money?
We will pay out your maturity money when your policy matures, assuming we have received all the documentation and proof of identity we have asked to see. In some instances, it may take three to five working days for a direct credit payment to your bank account to clear.
If your policy is held under trust, you should contact the trustees and ask them to sign the declaration in section 3 of the payment release form and also the high risk identification form.