Home - Why Sell Through Us ? - Is Your Policy Saleable ? - Get a Quote Today - Jargon Buster
 
Why Sell Through Us ?

Why Sell and not Surrender your Policy ?
Endowment Policies will always lose value if cashed in before maturity.
You could get between 5% and 40% more by selling via the Endowment Policy Maximiser !

Who are second hand Endowment Policies sold to ? Selling endowment policy
The demand for second-hand endowment policies is quite strong at present. We have developed many contacts who buy endowments for TEP fund managers or private investors. We contact between 10 and 20 Endowment Policy Market Makers who offer the policy to potential buyers.
If the offer for your policy is acceptable to you then you can sell it. All of this administration and specialist negotiation is handled by Endowment Policy Maximiser on your behalf and takes around one week. After buying the policy, the buyer pays the policy premiums and receives the full maturity benefit.

What will you receive ?
Probably a lot more than you would surrendering the policy!
We usually achieve increases over surrender values of 10% to 40%. See the table to the right for the effect this could have on the current surrender value of your policy value if you were to obtain these increases in value.

Remember you have nothing to lose by contacting us and you may receive a much better deal than that originally offered for surrender !


IS YOUR ENDOWMENT POLICY SUITABLE

Clients should review the following points to see if their policy is suitable for trading in through the Endowment Policy Maximiser :

  • Does your policy have a surrender value of at least £1,000 ?
  • Has the policy been running for at least 5 years?
  • Is it a 'with profits' endowment or 'whole of life' policy?
  • Is it a guaranteed stockmarket bond?
  • Is it a conventional policy? (not flexible)

WHAT TO DO NOW

Firstly you should fill in the Application Form. This will send your policy details directly to us in order to start the process of obtaining you a number of quotations. All the information you require should be on your policy document and the last bonus statement from the Life Company.

If you haven't got all the information we require then we can get this for you. All we need is your written permission. Please use the Authorisation Form, sign it and then preferably fax or post it to us at:

Moneysworth Ltd,
Springwood,
Booths Park,
Chelford Road,
Knutsford,
Cheshire
WA16 8GS

Just type in your surrender value in £ and click the Compute button.
Your possible sale values will be shown.
Surrender Value
%SUM
5%
10%
15%
20%
25%
30%
35%
40%
 

Endowment Policy Maximiser is the TEP division of Moneysworth Ltd. Moneysworth Ltd is authorised and regulated by the Financial Services Authority. Moneysworth Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 448958. Moneysworth Ltd Registered in England & Wales No. 04782475 Director T.D. Boddy. Registered Office: Springwood, Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8GS. The advice and/or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. Telephone - 01565 757765