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Shepherds Life Endowment Life Insurance
If what you are looking for is a life insurance policy that allows you to get an assured amount (lump sum) over a fixed term or upon passing away, whichever comes first, then Shepherds Life Endowment Life Insurance can provide you exactly that.
Endowment policies come with much higher premiums as compared to other traditional whole life and term insurance. However, these are extremely helpful if your goal is to pay for University education of your kids or even purchasing a retirement house for yourself and your family.
With Shepherds Life Endowment Life Insurance, you will be able to begin building what you have saved today and be certain that your loved ones will remain financially stable and independent even if you will not be around to support them.
Your family is guaranteed to receive lump sum upon maturity of your policy or in the event that you pass away within the policy term. In other words, endowment life insurance is a type of savings method that will benefit you as the policyholder with life insurance coverage.
And how does it work? If you buy endowment life insurance, you will be paying for the policy on a regular basis. It is normally done every month. And this will be paid back to you in the form a lump sum when the policy matures or ends. A portion of the payment made will be used to purchase life insurance policy and the cost of this will greatly depend on some of your personal details, such age, sex, and the period the endowment will run, which is also called policy term.
The remaining amounts from your payment is put into investments and the amount of the lump sum that you will receive when the fixed term ends usually depends on how these investments perform.
Another good thing about this, as already mentioned earlier, is that if you die before the fixed term matures, your family or loved ones are assured to get a lump sum amount as well.
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A lot of people actually opt for endowment life insurance because they have nothing to lose. They will surely get something either if the fixed term matures or they pass away before the end of the scheduled term.
You can search online to learn more about the benefits of this kind of insurance. If you also would like to find out other charges, including risks and returns that are associated with this policy, you can ask people who are experts in this.
40% Off Endowment Cover
If you don't find the best value endowment life insurance quote now, over the lifetime of the policy this will cost you £1000's. Unlike other comparison sites we only provide quotes for Endowment Insurance which means you can speak to experts as well as getting great prices. Complete our form and find out your lowest quote.