* Click Here to open up the "selling an endowment" valuation form

Selling an Endowment

The statement above, from the FSA's own "Money Made Clear" web site, is evidence enough that selling an endowment can return to you more money than simply surrendering back the unwanted endowment policy to the issuing life office.

If you have made the decision to dispose of your endowment policy then before surrendering it back to the originating endowment provider, you should explore the option of selling the endowment policy instead. This is what this web site is designed to help you with.

Selling endowment policies is now an accepted and respected way of increasing on the amount of money you can get back on your investment, if the decision has already been made to discontinue with the endowment policy premiums.

Be sure to pay for independent financial advice before stopping any investment.

Why Selling Endowments is becoming popular

• The amount of money you can get for selling an endowment policy, instead of simply surrendering it back to the life office, can be quite a significant sum.
• The maturing values of the endowment policies do not appear to be matching the expected returns that were forecast when the policies were initially sold
• A large number of endowment policies were taken out to repay interest only mortgages, but repayment mortgages are now much more popular
• Selling an endowment policy is an option that the Governments watchdog, the FSA, is keen to make public knowledge, and has actively sought to encourage life assurance offices to reminds endowment policy holders of this.
• The extra funds released from selling an endowment policy can be used to repay a lump sum off the mortgage, and so reduce the monthly mortgage bill or repay the mortgage early.
• Loss of confidence and trust in the endowment life assurance offices.

The information on this web site is intended as "information only" and should not be taken as "advice".