selling canada life endowments for more than the surrender value
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sell endowment policies to endowment policy traders

 

Selling CANADA LIFE Endowments

 

CANADA LIFE With Profits Endowments

 

If your endowment policy with CANADA LIFE is not performing to expectations and are considering surrendering the policy and cashing it in, then you might want to consider selling it instead.i want to sell my CANADA LIFE endowment policy

Read what the UK Government have to say about selling endowments below on the right.

 

Canada Life was founded in 1847 and is the oldest Canadian Life assurance company. It has its headquars in Toronto, and  operates in the United States, Canada, United Kingdom, Germany and other countries through local branch operations and subsidiary companies.

It is part of Great-West Lifeco Inc, one of the largest Canadian life and health insurance companies. Great-West Lifeco serves several million people worldwide providing a wide range of savings and income plans, as well as protection plans for individuals and families. Great-West Lifeco and its subsidiaries have received strong ratings from the major ratings agencies.

Canada Life in the UK
Canada Life, a wholly owned subsidiary of Great-West Lifeco, began operations in the United Kingdom in 1903 and looks after the retirement, investment and protection needs of individuals and companies.
 

 

CANADA LIFE Endowment Policies That Sell

In order to stand the best possible chance of selling your CANADA LIFE endowment please take not of the points below:

  • Your CANADA LIFE endowment policy should be at least 5 years old.
  • The CANADA LIFE 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.

 

 

Click the banner above to sell CANADA LIFE endowment policies

 

 

 

how to sell endowment policies
endowment selling checklist Print the endowment selling checklist to ensure you have all the details needed
endowment surrender value required before selling endowments Contact your CANADA LIFE endowment policy life office to get the up-to-date surrender value. No more than 5 days old
selling endowments form to send to the endowment traders Fill in the CANADA LIFE endowment selling form and submit your endowment policy sales details
await an offer for selling endowments Await a response to see if your CANADA LIFE endowment policy has received an offer

 

endowment policies that sell to endowment policy traders

Only Canada Life "With Profits"

 endowments are bought and

 sold. Unit linked and unitised

 endowment policies are not

 offered on by the endowment

 policy traders

advice on selling traded endowment policies   selling with profits endowments

 

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."

moneyadviceservice.org.uk
"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 in."