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!
Endowment trade questions
RainbowsInTheSpray
Posts: 1,483 Forumite
Via APMM I've had an offer for my endowment policy from a company called Foster & Cranfield/IFG Teppco which is 10% above the surrender value.
Does anyone know:
1. Whether this is a reputable outfit?
2. Whether they might be open to haggling?!
Does anyone know:
1. Whether this is a reputable outfit?
2. Whether they might be open to haggling?!
0
Comments
-
When I surrendered my endowment recently I had four offers including one from F&C but by far the best offer was from this company.
http://www.surrendalink.co.uk/?gclid=CNeu3YSGyowCFQ3UlAodwG14JQ
Throughout the process they were very helpful and thorough, so it may be worth getting in touch with them for a quote.0 -
F&C are quite reputable.Trying to keep it simple...
0 -
Hi
Surrenda do well with the offer, I would take VERY special care before you send the documentation though. They'll send you round in circles for months on end > by snail mail as the Email connection gets lost as soon as you're commmitted..
examples:>
Signature matching rejection
Address confirmation and evidence multiple requests acceptance then repeat
etc.
All of this in serial mode.. It's been 4 Months already and no end in sight
chris_B
real life experiences have to be shared0 -
RainbowsInTheSpray wrote: »Via APMM I've had an offer for my endowment policy from a company called Foster & Cranfield/IFG Teppco which is 10% above the surrender value.
Does anyone know:
1. Whether this is a reputable outfit?
2. Whether they might be open to haggling?!
How did you get on? I have done the same as you and have had about 5 different offers in but I am unsure who to use as I really don't want to choose and company that drags its heels in processing the offer. F&C gave me on of the lower quotes but I'd be prepared to haggle with them too.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards