Tuesday 11 December 2007

Get more for your endowment

There are a number of reasons why you may need to sell an endowment policy, for instance if you can’t keep up the payments, you lose your job or you need some capital for a major purchase.

In most cases, simply surrendering the policy to the issuer will mean that you will lose a lot of your investment, but there is an alternative.

Instead of surrendering the policy and returning it to the policy provider, there are a number of agencies who will be able to sell on your policy to a third party and may well be in a position to offer you a better deal. One such service offering to Sell Endowments is endowment express who say they can find buyers willing to pay up to 30% more than the policy surrender value.

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