AMP Endowment

AMP Endowment

If you have an AMP Endowment and you are thinking about surrendering it back to AMP, then it is worth looking into the other options before you do so. Many people are finding they can get significantly more for selling their AMP endowment on rather than simply surrendering it back. 

You should be aware that not all endowments are suitable for selling on the second hand market and generally only those traditional with profit policies that are at least five years old will be saleable.  If you decide to sell your AMP endowment policy, you should keep in mind that you will no longer have the life cover that it provided, so you may want to look into alternative life insurance.

If you feel you were missold your AMP endowment i.e. you do not feel the risks were fully explained to you when you took the policy out, you could be eligible to make an endowment complaint.