With-profits endowments assurance Plan

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These endowments typically have a 10 year term (the minimum to be qualifying) with the policyholder paying level, regular premiums.

A guaranteed sum insured is paid on maturity or earlier death. Bonuses are added each year at the life office’s declared rate.

On maturity or earlier death, a terminal bonus is added based on a percentage of the total annual bonuses already allocated.

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