Welcome to the surrendering endowment policies web site!
By using the
surrendering endowment policies
valuation form you can get your endowment policy valued by endowment traders, and then see if you would be financially
better off by selling the endowment policy rather than surrendering it.
Surrendering endowment policies should not be undertaken lightly, as they are meant to be long term investments,
and the life assurance element of the policy will no longer protect the policy holder in the event of death. However, there
has been a large increase in the number of people surrendering endowment policies and this is no small part due to the
poor performance of the policies and the red warning letters that has been issued by the life offices.
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Selling instead of surrendering your endowment
policies
Have your policies valued and find out if selling your endowment
policies will make more money for you than surrendering them.
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Using the valuation form allows your policy details to
be sent to the endowment traders who then assess its second hand market
value and if suitable make an offer that will be in excess of the
surrender value offered by your existing life company.
Endowment policies are a long term investment that are
designed to run through to maturity. A new buyer will continue the
endowment policy premiums so that at maturity the full value of the policy
is returned to them. Surrendering endowment policies should only be
undertaken after serious consideration of the consequences but if someone
is determined to surrender their endowment policies than they owe it to
themselves to at least get the policies valued as a second hand traded
endowment. The amount of money gained by selling rather than surrendering
can be very significant.
