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Endowment Insurance

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I had an Endowment Mortgage which is now payed off, but as the insurance only has a couple of years to go I kept paying.
Now a few years ago there was a thing about selling the insurance policies to a different company for more than the face value. Does this still apply?

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  • dunstonh
    dunstonh Posts: 119,781 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Now a few years ago there was a thing about selling the insurance policies to a different company for more than the face value. Does this still apply?

    There is virtually no second hand market available now as endowments draw to a close and there isnt enough time left in them to make them attractive to others.
    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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