TEP Purchasing Risk
The value of your investment may go up as well as down. The ability of a Life Company
to pay the Surrender Value or terminal bonus and the level of that payment is ultimately
dependent on the value of the Life Company With-Profit fund connected with the specific
The traded endowment market is illiquid. Early surrender to the Life Company may
result in lower returns than if held to maturity. As such the sale of the policy
would depend on market prices and demand at the time of the sale.
Traded endowments require regular premium payments to maintain the policy. Failure
to keep up payments may result in the policy lapsing and this may significantly
impact on the return achieved.
SL is acting on behalf of the seller. We act on an execution only basis and we offer
no advice to you on your decision to purchase a policy. Should you be in any doubt
as to whether or not to purchase the policy you should take your own independent