Best Price Endowment > Selling a Traded Endowment Policy

We make the whole process of selling endowment policies easy and efficient. First, we will take the details of your endowment policy, and, if it meets the buyers' criteria, we then forward the policy to them for a valuation. If a buyer is interested we will forward an offer to you directly in the post and/or email, which will be subject to the terms and conditions clearly detailed in the pack you will receive.

Any offer made will ALWAYS be higher than the policy's current surrender value. As part of the sales process the buyer's solicitors will need to check some basic details about you and the policy, and verify details they need to prepare the policy for sale.

This service is provided completely FREE OF CHARGE and WITHOUT OBLIGATION. If you decide to accept our offer, your details will be checked by this independent solicitor firm and, if the details are as expected, the buyer will complete the purchase of your endowment policy as quickly as possible.

See the Endowment Policy Selling Process page or read the FAQs about selling your endowment or Contact Us for further information. To begin the process go to the IFA Zone (for IFAs), or the Customer Zone (for new customers).

Why do people sell their endowment policies?

There are many millions of pounds worth of endowment policies bought and sold each year. People selling their endowment policies do so for a number of reasons:-

To repay their mortgage or refinance
They fear that the endowment policy will not cover future mortgage repayments
As part of moving house
They may be getting a divorce and need the money
They need to raise capital early rather than waiting for maturity
They may have debts to repay
They may be made redundant and need the cash
They may be unable to keep paying the premiums
They may need to raise finance for specific events such as a wedding
They may no longer need the life cover or the savings that are part of the policy
They have lost confidence in the endowment policy
They have repaid some or all of their mortgage from other sources so no longer need it.

What options are there other than selling my endowment policy?

There are three other options to consider in addition to selling the policy:-

1. Surrendering the policy directly to the life office, often at a disappointing price.

2. Making the policy paid up which means no further premiums are payable on the policy but reduced benefits will be received at maturity or on death. This option does not give you any immediate cash payment.

3. Borrowing against the policy either from the issuing life office or from a bank using the policy as security. Usually a percentage of the surrender value can be borrowed, and that debt has to be repaid when the policy matures.

Buyers of endowment policies often offer up to 20% more than the surrender value so it is always worth getting a quote.

Are there any downsides to selling my policy?

When you sell your policy you will benefit from the cash you receive for it. However, you will lose any life assurance or future payouts of the policy as the new owner becomes entitled to them. If you are in any doubt about whether to surrender or sell the policy you should seek financial advice from a qualified financial adviser.

Is it easy to sell my endowment policy through Integrity?

Yes. The process is very simple. One of our specialist team will help you every step of the way. All you need to do is send in the paperwork and we do the rest.

Average Timescales

Guide To Selling Your Policy