Selling AVIVA Endowments
AVIVA With Profits Endowments
If you have a with profits endowment policy with AVIVA and are considering
surrendering the policy and cashing it in before the end of the
endowment term, then you might want to consider selling it as an
Read what the UK Government have to say about selling endowments
below on the right.
This what AVIVA have to say about themselves on their own website:
"Aviva provides around 34 million customers worldwide with
insurance, savings and investment products. We are the UK's largest
insurer and one of Europe's leading providers of life and general
We combine strong life insurance, general insurance and asset
management businesses under one powerful brand. We are committed to
serving our customers well in order to build a stronger, sustainable
business, which makes a positive contribution to society, and for
which our people are proud to work"
If you have an Aviva endowment and want to sell it use the
endowment selling form to contact the endowment buyers.
AVIVA Endowment Policies That Sell
In order to stand the best possible chance of selling your
AVIVA endowment please take not of the points below:
- Your AVIVA endowment policy should be at least 5 years old.
- The AVIVA endowment must be 100% "With Profits" - unitised
and unit linked policies are not saleable.
- The latest up-to-date surrender value must be at least £3000
- All the required information on the endowment selling form
has been supplied by you.
Extracts From Government Publications
CP 106 "The Personal Investment Authority (PIA) issue
guidance (Regulatory Update 85) in March 2001, asking provider firms
to take steps to ensure that policyholders who were considering the
surrender of a life policy were informed that they might be able to
trade their policy instead."
COB 6.5.50R(5) "requires a firm to ensure that the
policyholder is made aware of the existence of the secondary market
and how he might access it."
"If you have a with-profits endowment policy, you may be able to
sell it on the second-hand endowment market.
If you’ve been paying in for at least seven years, you’ll probably
earn more if you sell a with-profits policy rather than cashing it