Endowment policy. Sell, surrender or keep?

kevgee | 10:46 Tue 30th Sep 2008 | Personal Finance

3 Answers

My with profits endowment matures in 2013. Its a low cost policy �30 p/m. Shall i sell, surrender or keep?

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theonlyone

You can ask for a surrender value ..also can you afford to pay it for another 5 years ?

kevgee

Question Author

I have asked for the surrender value today, it takes 7 days apparently. Yes i can afford to keep paying.

Postdog

Just my personal opinion, but I'd keep it IF you can afford it and IF you don't need to raise money. OK, the money won't be the same as it is now in 2013, but it will be a bit extra in your pocket out of the blue, so to speak.

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