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

 

Actual Sales Made, With Extra Cash Shown

 

How much extra will you get?

 

Clients Name

Endowment Company

Surrender Value (£)

Amount Paid to Client (£)

Extra Cash (£)

Mr J R B***** Royal London 28,038 30,502 2,464
Mr A P***** Scottish Widows 15,825 16,502 677
Mr N A*** Scottish Provident 32,825 40,516 7,691
Mr & Mrs S****** Sun Life of Canada 44,990 50,269 5,306
Mr J C*** Provident Mutual 28,434 31,748 3,314
Mrs P K*** Co-Operative 11,084 12,500 1,416
Mr D G****** General Accident 22,512 27,500 4,988
Ms. S F****** Prudential 23,736 24,999 1,263
Mr A R***** Scottish Equitable 37,720 40,359 2,639
Mr L M***** Legal & General 29,160 33,405 4,245
Mr & Mrs W******* Guardian Financial 25,806 27,425 1,619
Mr W J******** Scottish Provident 13,322 14,286 964
Mr P Mc****** Guardian Financial 15,000 19,649 4,649
Mr & Mrs C******** Norwich Union 27,880 31,664 3,784
Mr & Mrs H********* Friends Provident 13,821 15,274 1,453
Mrs K**** Royal Life 14,051 16,003 1,952
Miss H******* Scottish Amicable 8,878 9,701 823

Ms B******

Standard Life

20,923

21,560

637

Mr & Mrs A*****

Norwich Union

17,373

18,973

1,600

Mrs C******

General Accident

7,991

9,782

1,791

Mr & Mrs W*******

Prudential

8,985

9,571

586

Mr & Mrs W*******

Prudential

8,268

8,816

548
Dr N*** Clerical Medical 8,964 9,572 608
Mrs W***** Norwich Union 6,672 7,614 942
Mr & Mrs W****** Clerical Medical 17,987 19,006 1,019
Mr S******** General Accident 3,631 4,829 1,198
Mr G*** Norwich Union 8,359 9,660 1,301
Mr & Mrs B***** General Accident 22,363 23,116 753
Mr & Mrs S***** General Accident 6,506 7,361 855
Mr & Mrs M******* Sun Life 9,444 10,333 889
Mr F**** Norwich Union 7,470 8,212 742
Mr S****** Norwich Union 11,439 12,573 1,134
Mr H*** Commercial Union 8,873 9,850 977
Mr & Mrs H******** Standard Life 8,570 9,186 616
Mr M****** General Accident 9,492 10,341 849
Mr S****** Royal Life 3,600 3,834 234
Mr H*** General Accident 5,939 6,624 685
Mr & Mrs D****** Sun Alliance 17,070 18,296 1,226
Mr & Mrs M******* Standard Life 13,619 14,425 806
Mr & Mrs H******** Co-operative 3,581 3,796 215
Mr & Mrs B******** Royal Life 6,624 6,934 310

 

 

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 endowment policy life office to get the up-to-date surrender value. Very important - no more than 5 days old
selling endowments form to send to the endowment traders Fill in the endowment selling form and submit your endowment policy sales details
await an offer for selling endowments Await a response to see if your 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."