Sell Don't Surrender

Published / Last Updated on 09/05/2002

More and more people are becoming wise to the fact that they could get extra money from selling their endowments, rather than cashing them in. In a move to raise awareness further, the industry regulator, the Financial Services Authority is currently consulting on the issue. The plan is to force endowment provider companies to tell people wanting to encash their policy that they could get more by selling it in the traded endowment policy market. The average increased return is between 10% and 30% more than the cash in value. It is estimated that 1,000 people per week encash policies without checking if they could be sold for more money. Check out are endowment selling exchange service.

With Profits Bond Restrictions _ Axa

North Takes Over South