Is surrendering an endowment policy a good idea?
No! The only advantage of surrendering your endowment policy rather than selling your endowment policy is that you would get your money quicker. Typically over 50% of people needlessly surrender their endowment policy when they could have got substantially more.
Generally unless cash flow is an issue then you should always attempt to sell your policy rather than surrendering your endowment.
Contact Information
Traded Endowment Policy Specialists are appointed representatives of Highbrook Associates Ltd who are authorised & regulated
by the Financial Services Authority
by the Financial Services Authority
