selling National Mutual Life Assurance endowments for more than the surrender value
national mutual life assurance endowment policy buyers
     
 
 
sell endowment policies to endowment policy traders

 

Selling National Mutual Life Assurance  Endowments

 

National Mutual Life Assurance  With Profits Endowments

 

If your endowment policy with National Mutual Life Assurance  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 National Mutual Life Assurance endowment policy

 

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

 

The National Life Assurance Society was formed at a meeting of shareholders on 31 December 1829, and became a mutual in 1847. It established agencies internationally, as well as acquiring many from the takeover of the Whittington in 1894. Its premises were at 2 King William Street. Whittington Life Assurance Company was taken over by the National Life Assurance Society in 1894. 

The National Mutual Life Assurance Society was established by the merger of the National and the Mutual Life Assurance Societies in 1896, and was based at the Mutual's offices at 39 King Street  until its move to larger premises at Bow Churchyard in 1960.
 



 

National Mutual Life Assurance  Endowment Policies That Sell

In order to stand the best possible chance of selling your National Mutual Life Assurance  endowment please take not of the points below:

  • Your National Mutual Life Assurance  endowment policy should be at least 5 years old.
  • The National Mutual Life Assurance  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 National Mutual Life Assurance  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 National Mutual Life Assurance  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 National Mutual Life Assurance endowment selling form and submit your endowment policy sales details
await an offer for selling endowments Await a response to see if your National Mutual Life Assurance  endowment policy has received an offer

 

endowment policies that sell to endowment policy traders

Only National Mutual Life Assurance  "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."

 

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