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Selling Endowment on the open market
sebastianj
Posts: 1,039 Forumite
Can any one shed some light on Unit Linked endowment policies, I am told that the price will be the same as the insurance company is quoting. Is this right or are there any other avenues.
rgd
seb
rgd
seb
0
Comments
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I am told that the price will be the same as the insurance company is quoting.
That is correct.
If anyone wants the same number of units in the fund that you already hold they can buy them themselves at the market price. There is no reason to pay any more for them by buying it from you.
The upside of unit linked plans is that they have been much quicker to recover and are more likely to hit target.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 -
Thank you very much Dunstonh.
rgd
seb0
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