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
Noooby question - endowment surrender and TEPs
JohnH2008
Posts: 1 Newbie
Hi - I'm currently looking into options of what to do with an existing endowment policy. I found an old question/answer by John Edwards at the Guardian site (circa 2006) in which he said that the first thing to do was to get a surrender figure from the insurance company. He added: "As well as giving you this information, it is obliged to tell you that there is a second-hand market available on which you may be able to sell your policy." Well, today, I asked for and received a surrender figure, but there was no mention of the second-hand market. Should I read anything into this? Have the "rules" changed or were they being remiss. Another alternative, I suppose, is simply that he was mistaken. Can anybody comment?
0
Comments
-
Try here for a quote:
https://www.apmm.org
Some endowments can't be sold, they will tell you the status of yours.Trying to keep it simple...
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards