Eagle Star Endowment
Eagle Star Endowment
If you are looking to get rid of your Eagle Star endowment policy, you might get a much better deal if you sell it rather than surrender it back to the insurance company. The surrender value offered by the company is normally a fairly poor deal, but now, there are plenty of investors prepared to make an offer.
It may sound strange that anyone would want to buy your Eagle Star endowment, especially if you want to get rid of it and the surrender value offered is low, but for investors, endowments can actually be very attractive investment due to their partially-assured rate of growth and the potential eventual value they hold, but keep in mind that if you do sell, you will no longer have the life cover that your Eagle Star endowment provided, so you may want to think about getting an alternative life insurance product.
We work with endowment specialists, who can look at your Eagle Star endowment and will contact you to let you know whether or not an offer can be made on it.
All you need to do is fill in the online quote form, with details about your Eagle Star endowment, including:
- Policy number and type (only traditional with profits plan can be sold secondhand)
- The age of your policy
- The sum assured
- The surrender value you have been offered by your insurance company
A specialist will be in touch within 48 hours to let you know if an offer can be made – if it can, a letter confirming the details will be sent through to you. 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 your Eagle Star Endowment is saleable and an offer is made, there is no obligation to sell, so you have nothing to lose.