Traded endowments

This article from FindArticles (7th February 1998) is about traded endowments, or TEPs, as they are also known. Read about how to find traded endowments and see why aap is quoted as an expert on the market for traded endowments.

Read How to track down a TEP

Traded endowments – sell to aap

Traded endowments (TEPs) are with-profit endowment policies that are bought and sold by policyholders, investors and market makers on the traded endowments market. Most policies are originally taken out for 25 years, but the majority of the policyholders do not wait the full term.

It is estimated that over £10 billion of policies are surrendered back to the life company instead of sold as traded endowments.

For those wanting cash quickly, there are many advantages to selling as traded endowments. When you sell your policy on the traded endowments market through aap you could get more than the life office surrender value.

Once all details are submitted, aap values policies free of charge to determine whether they can be sold as traded endowments. Selling an endowment policy through aap could get you up to 35% more cash than by surrendering it back to the life company.

Back to endowment selling links.