Endowment policy – sell vs. surrender

An endowment policy may be worth more if you sell it to a third party rather than surrender it to the company that sold it to you. Endowment policies are designed to combine an investment savings plan with life insurance. Many people took out policies to cover their mortgage payments in the eighties and nineties.

If you want to liquidate some of your assets and raise cash quickly, you need to be aware of all the options open to you. Many people don’t realise they can sell their endowment policy and surrender it back to the company that sold it to them simply because they are not aware of an alternative.

Endowment Policy – Sell For More

Many therefore do not receive the full return value of their endowment policy. Selling your endowment policy to a third party may be a more financially rewarding option, and you could even receive up to 35% more than the surrender value of your policy.

aap is the UK’s leading buyer of endowment policies and aims to make it as straightforward as possible for you to sell your endowment policy. aap takes care of all the legal paperwork completely free of charge and even talks to your Life Company on your behalf once you have provided them with a simple signed authorisation.

To find out more about how to sell your endowment policy, have a look at the Endowment policy sell FAQs.