If the policy has as investment element such as an endowment policy, whole of life policy or an investment bond then the tax treatment is determined by the qualifying status of the policy.
22.
The easiest way of determining whether an endowment policy is in this category is to check to see whether your policy document mentions units, indicating it is a Unitised With Profits or Unit Linked policy.
23.
The Ordinary Division of the company offered whole life annuity options and related products, the Intermediate Division offered term life products, endowment policies, and limited payment policies, and an industrial division offered inexpensive products.
24.
This was most obviously seen in the case known as the LAUTRO 19, where the FSA identified 19 insurers which had breached their contractual warranties by using incorrect charges to calculate the premiums for mortgage endowment policies.
25.
Temporary insurance premiums total became the largest class of new businesses with a share of 30 . 3 per cent, followed by whole life at 29 . 4 per cent and endowment policies at 24 per cent.
26.
Consider whether you want to pay the interest only and set up some means, such as an endowment policy, to repay the principle over 25 years-- the standard repayment period for a mortgage in the U . K.
27.
Temporary policies rose by 47.3 per cent in 1997 ( 1996 : 13.1 per cent ), followed by endowment policies at 35.1 per cent ( 1996 :-9.6 per cent ) and whole life policies at 24.4 per cent ( 1996 :-19.2 per cent ).
28.
These are whole life assurance, endowment assurance, child protection policy, children endowment, anticipated endowment assurance, pension scheme policy, single payment policy, mortgage protection policy, group term insurance policy, group endowment policy, group variable endowment policy, group pension policy, grameen bima policy, joint life endowment policy, and progressive premium policy.
29.
These are whole life assurance, endowment assurance, child protection policy, children endowment, anticipated endowment assurance, pension scheme policy, single payment policy, mortgage protection policy, group term insurance policy, group endowment policy, group variable endowment policy, group pension policy, grameen bima policy, joint life endowment policy, and progressive premium policy.
30.
These are whole life assurance, endowment assurance, child protection policy, children endowment, anticipated endowment assurance, pension scheme policy, single payment policy, mortgage protection policy, group term insurance policy, group endowment policy, group variable endowment policy, group pension policy, grameen bima policy, joint life endowment policy, and progressive premium policy.
