Endowment – sell your policy

If you’re looking to raise cash quickly and are considering surrendering your endowment, sell or surrender may be the question you are asking. It’s important to know exactly what your options are and what alternatives are open to you.

Endowment policies were used by many people throughout the eighties and early nineties as a means of mortgage repayment. Many people now choose to surrender their policies back to the Life Company in order to raise capital. Selling your endowment allows you to dispose of a policy you no longer want and utilise your capital in whatever way you see fit.

Endowment – Sell or Surrender?

Endowment surrender is one way of recouping some of your investment in your endowment policy. When you surrender your endowment policy, you are simply handing it back to the Life Company who sold it to you.

However, surrender isn’t your only option. The market in traded endowment policies is able to access large institutional buyers willing to take on your policy and wait for it to mature. aap is the UK’s leading specialist in endowment policy buying, and could offer up to 35% more than the surrender value of your policy. aap does everything possible to make it simple for you to sell your endowment policy, including handling all the legal paperwork. They will even contact your Life Company to obtain details on your behalf free of charge.

Find out more about how to sell your endowment policy with aap.

Let's value your policy right now

To find out if your policy is suitable for sale, please follow the steps below:

1: Please select the relevant life company:

This is the life office that you took your policy out with originally. Many life companies have merged in recent times, so please check your policy document to verify you have entered the correct name.

2: Please enter the year your policy started:

This is the start date of the policy. Also known as the effective date. Normally the date your first premium was due to be paid.