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.
If you are not sure, you can find out more about selling your AMP endowment by filling in our no obligation form. Have your AMP endowment policy ready, and then fill in the details, which include things like:
- Policy number
- Policy Type (we can only help with traditional with profits plan)
- The age of your policy
- The sum assured
- Bonuses
- Surrender value offered by your insurance company
Once you have filled in these details, they will be passed onto a specialist broker, who will call you back within 48 hours to let you know if your AMP endowment is tradable. If it is, that broker will have no obligation quotes for selling your policy. 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 alterative 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. We can put you in touch with a specialist who will work on a no win no fee basis – just click on the link below to find out if you can do something about your endowment shortfall.
