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NPI Single Premium With-Profit Life Policy.
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Malcmandy
Posts: 90 Forumite
I wish to cash in the above policy and believe that it is possible to obtain a better value by selling it to a third party. Does anyone know of any companies that do this please ? Thanx
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Comments
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Its not a policy you can sell. It is open ended and has a daily value. It would be like asking someone what they will pay you for the £10 note you have in your wallet.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.0
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On the valuation that I received today, it states that I may be able to obtain a better value by selling the policy to a third party. To find a company that may be interested in buying your policy, check the financial press !0
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Cant see why it says that. Maybe its standard text that appears on all statements from them that include with profits.
With no maturity date and having no retained benefits, I cannot see why anyone would want it.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.0
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