Do You Surrender or Sell Your Endowment Policy?

What's the difference?

Endowment surrender is a means of cashing in an endowment policy before it reaches maturity. By surrendering (or cashing in) the policy back to the life company that sold it to you, you can recover some of the value of your investment. However, in most cases, when quoting you a surrender value, life companies will factor in their loss of income from your current monthly subscriptions and any profits that they might make from your policy over its remaining term. So, in effect you are being penalised for an early redemption.

Obtaining a free valuation for selling your endowment will ensure that if you are disposing of it, you really are getting the most amount of money.

An endowment sale however could be a much better option than surrendering, because it gives you the opportunity to receive much more cash. aap could make you a cash offer for your policy on behalf of institutional investors who will maintain the monthly premiums and keep the policy in force until it finally matures.There may be strong demand for these traded endowment policies, and therefore our investors are willing to pay more for the right kind of policy.

aap is the UK’s leading endowment policy buyer, having been involved in the purchase of over £1 billion worth of endowment policies to date. With aap you could receive more than the surrender value for your policy. You can get a free on line valuation by completing the form above, or you can call one of our policy valuation team members directly on 0845 073 1998