Endowment Check Ltd. was formed in April 200 and is the first and only independent UK policy maturity calculation centre for all endowment with profit policy holders.
Under the rules of the FSA (Financial Services Authority) your Life Company is only allowed to project the estimated future maturity value of your policy on assumed standard growth rates. They usually vary at 4%, 6%, and 8%. This is only a projection and has nothing to do with the way the Life Company will calculate the actual maturity value. Only at the end of the term will your Life Company calculate the actual maturity value based on bonus rates at that time. EndowmentCheck is using exactly that calculation to work out the future maturity value.
If bonus rates stay the same during the remaining term then the future maturity value will match the actual maturity value. As bonus rates change so does the future maturity value of your policy. We are constantly updating our system with the latest bonus rates of all major Life Companies, allowing us to accurately calculate the future maturity value of your policy based on current bonus rates.
With our online facility you can now check the effect of these bonus rate changes on your policy’s maturity value and monitor them over time.
Through our expert knowledge of endowments and more than 20 years experience in the financial services industry, we have created this unique service for the benefit of the millions of with-profits endowment policyholders who would like to keep track of their policy’s performance.
Endowment Check Ltd. is not giving financial advice! Our main objective is to give the visitor a clear and accurate valuation of his endowment policy based on the most up-to-date bonus rates as they are declared by the life company outside the constraints put on the life companies by the Financial Services Authority.
Endowment Check is also frequently being used by professionals such as IFAs, Solicitors and Accountants.
Also our Complete Endowment Report contains an optional current market valuation (sales price) so, if you are considering selling your endowment, we will try and find the most competitive price for your policy on the open market.
We hope you find the Endowment Check service useful and informative. If you wish to contact us please use the online form by clicking here. Our full company details are available here.
The Endowment Check Team.
Genuine Testimonials:
"After saving me £3,600 in premiums - Endowment Check proved to be a good investment."
