"Do I need an endowment policy?"

The main advantage of an endowment policy is its flexibility.
You can take your endowment policy with you if you move to a new house or remortgage with a new lender.
The endowment policy usually include life insurance with critical illness cover.

If you have dependants and financial responsibilities towards them, then you certainly need insurance. Having a family means dependants, which, in turn means financial commitments. Financial commitments come in the form of loans, children's education, medical expenses etc.
Imagine what would happen if you were to lose your life suddenly or become disabled and cannot earn. Being insured in a situation like this is a necessity. When you insure your life, in effect what you are doing is insuring your earning capacity.

This guarantees that your dependants will be able to continue living without financial hardships even in case of your demise.

Your endowment policy quote is likely to be much cheaper than what you are currently paying. Now you can compare endowment policies in just 60 seconds and find the best value for money.

 endowment mortgage