UK Financial Consultancy Services Ltd
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Surrendering Your Endowment?

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If you are considering surrendering a with-profits endowment policy back to your insurance company, you could find that you can get more money by selling it instead. Whilst it is fair to say that not all endowments can be traded at a price which is greater than the surrender value, there is a big demand for endowments from investors who will take over the policy and run it to normal maturity date. These purchasers may offer you a sum which could be 20% - 30% - 40% more than your insurers are willing to pay. We will source different companies on your behalf to obtain the best price for you.

Your policy should be a with-profits endowment and it should be free of other interested parties such as a mortgage company. Even if there is an interest in the policy at the moment, a sale or surrender of your policy could be used to pay off a loan and to leave you with cash in hand. If you need help concerning the advisability of cashing in a policy, please ask.

We have installed facilities on our site whereby you can now get an instant assessment of your policy as to whether it might be sold on at a better rate of return than your insurance company are offering. Click here for a Policy Valuation. You will find a form which should be completed when you have to hand the following:

  • Your policy
  • The latest bonus statement figures
  • An up-to-date surrender value quote
Should you wish to sell your policy, you will be asked to provide the original policy document which you will assign to the new owner who will become responsible for all future premium payments. You will have no further financial interest in the policy after its sale or surrender. If you have any questions on this process, please contact our office.

Click For Policy Valuation Form

endowment, whole life, term life

UK Financial Consultancy Services Ltd
117 Dartford Road
Dartford
Kent
DA1 3EN

Tel: 01322 431234 & 0208 301 4990     Fax: 08452 80 88 80
enquiries@ukfcs.com

Authorised and Regulated by the Financial Services Authority.
UK Financial Consultancy Services Ltd, Registered in England and Wales No.5467810
Registered Office: 2nd floor Middlesex House, 29-45 Hight Street, Edgware, Middlesex, HA8 7UU

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