Sell my Endowment Policy: Endowment Policy

Thinking of surrendering your endowment policy? Why not sell your endowment instead? You could get more than the surrender value by selling your endowment. Policy Trader specialises in the purchase of second hand endowment policies in the UK.

What is an endowment policy?

A with-profits endowment is a policy that, after paying regular premiums into, guarantees a minimum return at the endowment policies maturity (also known as the sum assured). The period of time that premiums are paid into the endowment policy is specified at the inception of the policy.

The premiums paid into the endowment policy are invested by the issuing life office into a fund which will hopefully return steady growth over the life of the endowment policy.

Whilst the endowment policy is still being paid into the life office will declare an annual bonus that cannot be taken away once awarded. At maturity the guaranteed value of the endowment policy is made up of these bonuses and the sum assured value agreed at the policies start.

Usually a terminal bonus is added to the policy at maturity.

A policy can be sold before it matures on the second-hand endowment policy market. To find out how much more you could get by selling your endowment policy rather than surrendering please complete our simple online quotation form or speak to one of our staff on 0208 732 5880 who will be able to advise whether we can purchase your endowment policy.

Get a quote to sell endowments now!

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