Liverpool Victoria Endowments Surpluses
Currently maturing Liverpool Victoria endowment policies will have a surplus
6th January 2004
In a rare piece of good news for endowment policy holders, friendly society Liverpool Victoria has announced that its currently maturing policies would pay a surplus on top of the mortgage amount.
The society said that the strong performance of its with-profits fund has ensured the surpluses.
Liverpool Victoria has also reaffirmed that none of its 6,000 endowment policy holders will suffer a shortfall in the future, whatever the performance of investments, having already set aside funds to cover this guarantee.
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