Transparency of TEPs

Transparency

TEP is also one of the most transparent investments in the market. Monitored under stringent UK Financial Conduct Authority (FCA) regulations, the following information will be provided to all investors: 

(a)      name and financial rating of the insurance company issuing the policy

(b)       details of the original policy owner

(c)       the maturity date and term of the endowment policy

(d)      the sum assured, attaching bonus and surrender value of the policy

(e)      the total investment amount, including future premium payable Furthermore, upon assignment, the insurance company will contact you (the investor) directly to confirm ownership, announce yearly bonus and arrange for paying you (the investor) directly when the policy matures.