Selling Royal Liver Friendly Society Endowments
Royal Liver Friendly Society With Profits Endowments
If your endowment policy with Royal Liver Friendly Society is not
performing to expectations and are considering
surrendering the policy and cashing it in, then you might want to
consider selling it instead.
Read what the UK Government have to say about selling endowments
below on the right
The Royal Liver Assurance was a friendly society with over 1.7
million members in Ireland and the United Kingdom. Subject to
Financial Services Authority (FSA) approval, Royal Liver and its
subsidiaries became part of the Royal London Group on 1 July 2011.
At the time of it's acquisition by the Royal London Group in 2011
The Royal Liver Group consisted of:
Royal Liver Assurance Limited (RLAL), an Incorporated Friendly
Society, founded in Liverpool in 1850 for the mutual benefit and
financial security of local families.
RLAL also traded under the names Progress (in the UK) and
Caledonian Life (in Ireland).
Royal Liver Assurance Limited address is Royal Liver Building
Pier Head, Liverpool L3 1HT
Royal Liver Friendly Society Endowment Policies That Sell
In order to stand the best possible chance of selling your
Royal Liver Friendly Society endowment please take not of the points below:
- Your Royal Liver Friendly Society endowment policy should be at least 5 years old.
- The Royal Liver Friendly Society 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 Royal Liver Friendly Society endowment
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