We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Selling A Norwich Union Endowment Policy

1235»

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!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.