Second Hand Endowment
The majority of second hand 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 policies in the market is rising.
A second hand endowment 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.
If you are considering surrendering your second hand endowment 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 traded 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.