Selling an endowment is an excellent alternative to surrender

Did you know that the endowment resale industry has grown massively in the past decade or so? Buying an endowment policy means high-value investment opportunity for anyone seeking high return on their money (the buyer) and for anyone who wants to raise cash by parting with an endowment (the seller) it means a much higher return than simply surrendering it to the life office concerned, making it paid up or borrowing against it.

To sell an endowment is a win-win situation for both the buyer and the seller. The only other element left in the equation is to find all the information you require about traded endowment policies and this you can easily do by taking a look at a reputable online endowment trading company that can offer online quotes.

Online firms such as Best Price Endowment specialize in UK traded endowment policy. They buy policies directly from the public as well as from IFAs. Their toll free number in UK is 08701 287 333. You are able to obtain a quote online or by telephoning them. They deal in endowments from all the reputable insurance companies: Standard Life, Norwich Union, Axa, Prudential and CIS.

You should bear in mind that endowments which are due to mature in 2022 and 2023 are highly in demand, so much so that you can demand a premium for them. The whole endowment sale versus surrender option is something you should seriously investigate if you want to raise cash in a hurry for any purpose (holiday, education, emergency) because you can get as much as 40% more by selling your endowment policy than surrendering it., making it paid up (meaning no further premiums are payable on the policy but reduced benefits will be received at maturity or on death) or borrowing against the policy.

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