Selling Endowments

Endowment mortgages are mortgages where the interest on the principle of the mortgage loan is due. The principle of the loan is covered by a type of insurance known as an endowment policy. The endowment policy ensures the mortgage holder will be able to pay off the loan when it comes due. An endowment is an insurance policy and the policy holder must pay monthly premiums. To sell endowments policy through such a service, the endowment policies holder may receive up to 35% more for their policy.