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endowment policy

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susie876 | 16:47 Mon 10th Aug 2009 | Insurance
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will i get any money from a lapsed endowment policy
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All depends on how long you've paid into it.

If you've only paid in for a couple of years or so, then nearly all, if not everything, will have gone to paying your 'financial advisor'.

If you've paid into it for most of the original term, then you should get a reasonable amount back (but not as much as you might have expected, as terminal bonuses are being reduced, some to zero...).

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