Welcome to the selling endowment policies website. This site is dedicated to bringing you the best information about selling your endowment policy or policies. Click our site links to learn more about how it works and what yours is worth.

Should You Be Selling Endowment Policies?

Endowment policies are investments with monthly payments which means unless you keep up with the monthly obligations, you may end up defaulting and losing the investment and all previous payments.

You may also be thinking of selling endowment policies because the investment is not promising good enough returns. This begs the question of whether it would be better to surrender your endowment policy or consider selling endowment policies instead.

First of all, if you want to recoup a bit of the money you have already invested in your endowment policy, then selling would be a better recourse. However, you need to check what the current resell value of your policy is.

Some of the questions you will be asked about your endowment policy are:

•    How long have you been paying for the policy?
•    Does it have ‘with profits’?
•    What are the returns on your ‘with profits’ policy?
•    What is the surrender value?

Ideally, if you can hold on to your endowment policy long enough to make the investment worth your efforts, then this would still be your best option. That is, unless you are currently troubled by a cash flow problem, or you have other investment options. The reality is if you can afford to continue the policy, then you have a greater chance of earning from the policy upon its maturity, provided your policy is part of a well orchestrated and solid financial plan.

On the other hand, if you have been paying for the policy for quite a number of years, and you need to downsize your monthly bills, then you stand a better chance of getting more by selling endowment policies than by surrendering them.

You should take advantage of the free online services which will allow you to assess the financial status of your endowment policy. If you can avail of finance experts to go over your policy for a small fee, then this might be a good place to start as well.