A second hand endowment policy is a with- profits endowment
policy that has been sold on by the original policyholder to
another investor before the policy expires. Legally the policies
will be assigned to the new owner who will become responsible
for paying the premium.
The majority of endowment policy holders will surrender their
policy before its maturity date. This can be a result of a number
of personal circumstances including changing mortgage, unhappy
with the policy, divorce or the need for extra capital. Due to
this the number of second hand endowment policy buyers in the
market is rising.
If you are considering surrendering your second hand endowment policy for any of these reasons then you've come to the right place. If you were to sell your policy then you could earn up to 35% more than its surrender value.
You may also be one of the 5 million people in the UK who
was miss sold their endowment policy, and it will cost you
nothing to find out. By simply filling out our online form
we will assign an expert in endowment compensation to review
your endowment complaint and with an average payout of £5000
for most endowment claims, with a no win no fee service you've
got nothing to lose.