Endowments policies

Endowments policies are savings plans that also incorporate an element of life insurance. Endowments policies are paid over a set number of years and should pay out a lump sum at the end. If you were to die before it matures, your endowment policy would either pay the value of the fund to date or the value of the life assurance; whichever is greater.

Initially very popular in the 80s and 90s, endowments policies were taken out by people who wanted to build up a lump sum to pay-off a mortgage.

Find out how to cash in endowments policies you no longer need.

Endowments – policies that can be bought and sold

Surrendering endowments policies back to the issuing Life Company is one option when faced with policies that are no longer required. However, the selling of endowments policies to a market maker such as aap is more often than not the most profitable choice.

aap is the UK’s leading endowment purchaser, and can offer up to 35% more than the surrender value on some policies. If you’re considering surrendering an endowments policy, it’s worth finding out how much you could sell it for instead.

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.