Sell My Endowment Policy

A traded endowment policy, or 'TEP', is a with-profits endowment mortgage that has been sold by the original policyholder to another investor before the end of the agreed term of the policy. These policies are legally assigned to the new owner who continues to pay the premiums. They are also known as 'second hand endowments'.

The traded endowment market is expanding, largely due to the increase in public awareness and education.

Selling your Endowment Mortgage could earn you up to 35% more than the surrender value for your endowment policy. If like so many others you agreed to pay off your mortgage using a with profits endowment policy you may now be suffering the consequences.

It is believed that up to 5 million people in the UK have experienced a shortfall from their endowment policy. The concept with endowment mortgages is that you pay only the endowment mortgage interest rate whilst the value of the endowment policy grows over time. When it reaches its maturity rate the endowment policies value will be enough to pay off the rest off your endowment mortgage.

You may be thinking “I want to sell my endowment policy” and have not considered selling your endowment mortgage on the second hand traded endowment policy market, in the majority of cases a better price can be obtained on the traded endowment market, compared to that offered by your life assurance company. The difference can be as much as 35% more for your endowment policy.

You may 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.

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