It is important to remember that only Traditional With Profit Endowment Policies, which have bonuses added each year can be sold on the second hand market and not Unitised or Unit Linked Endowment Policies.

There are many reasons to sell your endowment policy the main ones being:-

• Divorce
• Performance of your endowment policy not keeping up with projections or expectations
• Need to raise capital
• Changing mortgage from endowment to repayment
• Redundancy
• Emigration

It is important when deciding whether or not to sell your endowment that you consider all the options available such as surrendering the policy to the life office, borrowing against the surrender value of the policy or indeed making the policy paid up so that no further premiums are payable. 

You should also remember that if you surrender or sell your policy you will lose your life assurance protection.  If you would like a Independent Financial Adviser to contact you to discuss replacing life cover click here.  Also if your policy is with a mutual life office which subsequently demutualises you would lose the potential of any windfall payments.

However if you have considered these alternatives and have decided to sell your with profit policy then we should be able to help you get the best price.  Click here to submit your policy details.