Sell My Endowment Market Pays You Up To 35% More Than Your Surrender Value March 28, 2008
Posted by Vedis in : Insurance , trackbackThe endowment insurance policy requires larger than normal premium payments because the premium payments are invested and during the duration of the policy continue to build cash value. The cash value continues to grow until a specified maturity date when the entire cash value is paid to the policy holders.
If the policy holders should happen to die during the life of the policy, the final value of the endowment, or the target value that would have been paid at maturity, is paid as a death benefit to the policy holders’ beneficiary.
However, majority of policyholders never wait until maturity for cashing in endowments and surrender them. Instead of selling the endowment policies to insurance companies that pay the endowment policy surrender values less than the market value, many people turn to traded endowment market at http://www.endowmentexpress.co.uk.
This Sell my endowment market exists because over 100,000 people each year decide to sell their endowment policies or surrender endowments. The traded endowment market is made possible by the fact that surrender values offered by insurance companies are often so much less than the maturity values.
The buyer at the traded endowment market can pay up to 35% more than your surrender value in order to assume the premium payments and beneficiary rights of the policy. The purchaser’s investment will be recouped when the endowment reaches maturity.
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