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Selling A Norwich Union Endowment Policy

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Comments

  • hansi
    hansi Posts: 3,001 Forumite
    Part of the Furniture 1,000 Posts
    dunstonh wrote: »
    Very much so. Just as the mortgage promise value adds to it as well. That can be worth quite a few grand more than the projections show.

    That is probably why I have just received a letter from an endowmwnt purchasing company whom I contacted a few years ago re the possibility of selling my endowment to them. They have said they will pay me almost 22K for a Scottish Amicable policy due to mature in 2010 to cover a 25K mortgage taken out in 1985. Obviously they know something I don't! (and the policy is on track to pay out)
    :beer:
  • Towner_2
    Towner_2 Posts: 317 Forumite
    Lots of information here for me to mull over, still not 100% sure what to do..... Decisions decisions...........
    Called NU today (again!!) and the surrender value has gone up nearly £400 since I first called them.
    Thanks to all who have contributed to this thread.
    I say what I like, I like what I say!
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