Increasing numbers of people are choosing to cash in on the value of their endowment policies before maturity. Selling endowments on the traded endowments market usually results in better value for the policyholder than surrendering it to the Life Office. Typically, a policy can achieve between 10% and 35% above the surrender value offered by the issuing Life Office. This is one of the reasons why people are selling endowments.
Please ensure that you have the POLICY DOCUMENTS, LATEST BONUS STATEMENT and SURRENDER VALUE to hand when applying for an Quotation. All the details you will need are on these documents. If these details are not available, contact your insurance company for the details.
This service works on an Execution only basis, which means that we cannot provide investment comment or advice with regard to your specific financial circumstances.
All endowment policies are individual and the amount you will receive will depend on the start date, the maturity date and the surrender value at the time the details are completed. Should you decide to accept the highest offer for your endowment policies, we will be able to complete the transaction on your behalf.
Once you have accepted an offer for your policy please continue to pay the contributions from your Bank until you are told to stop it. You are not committed to the offer, which is subject to contract until you have signed the relevant documentation, which will be sent to you.
