Mortgage guide amount invested. If you have an existing endowment and you want to move home your current endowments can be used to support a new mortgage. If the newu2019 - over the value of the expected value of the endowment at maturity can be covered on a repayment basisworth remembering that historically the returns on endowment policies have been pretty good (as long as they go full term). Endowments provide life assurance so that in the event of deathproduct to cover any anticipated shortfall. Cashing in the plans early may result in financial penalties http://www.tiscali.co.uk/money/mortgages/guide/guide3.html