selling Scottish Equitable endowments for more than the surrender value
Scottish Equitable endowment policy buyers
     
 
 
sell endowment policies to endowment policy traders

 

Selling Scottish Equitable Endowments

 

Scottish Equitable With Profits Endowments

 

If your endowment policy with Scottish Equitable 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 Scottish Equitable endowment policy

 

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

 

The company began in 1832 as the Scottish Equitable Life Assurance Society in Edinburgh. In 1994, the company became Scottish Equitable plc and was purchased by Aegon. It was rebranded as Aegon Scottish Equitable in 2006, and in 2010 became known as Aegon, though its legal entity is still Scottish Equitable plc.
The BBC news reported in December 2010 that "Thousands of customers of Scottish Equitable will receive a share of £60m following an investigation into procedures at the pensions provider.
The company was also fined £2.8m by the Financial Services Authority (FSA) for the problems it caused for customers."

 

Scottish Equitable Endowment Policies That Sell

 

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

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

 

endowment policies that sell to endowment policy traders

Only "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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