Endowment Policy Sales
It doesn’t look like endowment policy sales are going to slow down anytime soon. Not, I hasten to add, sales of new endowment policies – if someone offers you one of those run for the hills. No the market is in second hand endowment sales where a desparate sellers meet keen buyers – buyers who are keen to make a profit that is.
If you need to sell your endowment policy before its term then make sure you look at all your options. The finance company you bought your policy firm may offer you as little as 10% of its face value. At least the endowment brokers can generally do better than that – but nothing much over 35% from all reports. Painful as it is to say -you may be better off not selling your endowment policy
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