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 traded endowment.

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 legal/financial advice.

 

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