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Endowment Advice Limited - Selling An Endowment? |
Selling An Endowment?
You Can Get up to 30% More Than The Surrender Value.
There is an alternative to surrendering a policy to the Insurance Company. Sell it to a market maker in the traded endowments market. Assuming the policy is suitable, you could get up to 30% more than the Insurance Company quoted surrender value.
We can offer you a link to Absolute Assigned Policies Ltd (AAP) who are one of the leading Market Makers specialising in the buying and selling of Traded Endowment Policies (TEPs) and have a large professional team dedicated to providing an efficient and friendly service.
Regulation by the Financial Services Authority and membership of the Association of Policy Market Makers (APMM), ensures adherence to the highest possible professional standards.
Their service is entirely FREE. If you find their quote attractive, they'll take care of the details.
How it works:
- Submit your endowment details by calling AAP on 0208 732 5905.
- Please have all the policy details ready when you request a quote.
- Alternatively, click on the valuation form link we can send your policy details direct to them by e-mail.
- If AAP make an offer for the policy, a letter will be sent to you to inform you of how the sale can be completed at no charge to you.
The endowment policies that AAP trades must be Traditional "With Profits" Endowments. They do not value unit-linked policies. A policy must have been taken out prior to 1997 and have a minimum surrender value of £2000.
Valuation form
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Take the test
Our easy to use form will soon let you know whether we are able to represent your endowment claim.
Click here to take our test
Lloyds TSB plc has allocated a further £110 million to compensate endowment policyholders. This is in addition to the £250 million which was set aside to pay compensation in 2003.
Lloyds TSB plc to impose a time bar on endowment policyholders that were mis-sold their policies in order to prevent them from making a claim
Reported in the Daily Telegraph December 2004
Mortgage endowment policyholders are collectively going to face a shortfall estimated at £ 40 billion
The average amount of compensation where a policy has been mis-sold is estimated to be £3,000
Source ABI (The Association of British Insurers) 2006
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