How to Sell An Endowment ::

What type of endowment policies can be sold?

As a rule of thumb a policy must be a traditional with profits endowment policy or a whole of life policy issued by a UK life Office. Unit Linked and unitised with profit policies are only very rarely acceptable.

Ideally policies should have run at least 5 years
and have a surrender value of a minimum of £1500

What Policy details should I have handy to obtain a sale price for my policy?

Name of life company
Commencement or start date
Maturity/end date
Basic sum assured
Regular premium and frequency, i.e. monthly / annually
A surrender value including latest accumulated/attached bonuses from your life company, not older than one month.

If you do not have that information to hand and are considering selling your policy, then Endowment Check can help you to obtain this information very easily, just follow the wizard.

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