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Selling my endowment

I really need some cash at the moment to pay off some CC bills etc. So I have been playing around with my endowment policy seeing how much I can get for it (It s crap and I dont need it for my mortgage and I cant get any compensation for it and I know about the Aviva "Possible windfall") I have been offered £6000 from NU and £6500 from another 2 companies then I got an offer for £6900 and this morning I got an offer from a company called "integrity" for £7330. I applied over a week ago now to these companies so I think I will wait around for a while longer as the amount keeps going up. Anyone know of anymore companies that give good offers for endowments?

Comments

  • dunstonh
    dunstonh Posts: 119,820 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    NU endowments investing in the CGNU with profits fund are not too bad generally. Indeed, if they have a low target growth rate and are 25 years or more, then there is a good chance they will get into a surplus position. This is why there is quite a good demand for NU plans on the TEP front.

    It should be noted that Integrity have appeared a few times on these forums and never with good news.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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