Selling an endowement

[willspal]

After a lot of thought my husband has finally deceided to sell his endowement policy but is not sure where to sell it.

Has anyone sold one themselves and can point him in the right direction.

Thanks in advance.

WP

[newquizzer]

If you type in "Selling Endowments" into Google you will get a list of companies dealing with these transactions.

Before you go any further get a settlement figure from the Insurance Company, this can then be used as the minimum figure you will accept.

If the endowment is near to the maturity date you will probably be better off waiting for maturity. After all the buyer will want to make a profit on the policy.

[LostSheep]

Try this website:

http://www.aap.co.uk/

They can tell you instantly online if your policy is suitable for sale and I would also recommend that you read through the FAQs -

http://www.aap.co.uk/selling-a-policy/q-and-a-selling.asp?name=Selling.Questions