Halifax Endowment
Halifax Endowment
If you have a Halifax endowment and you are thinking of surrendering it - think again, because you could get more for it if you sell it.
If you decide to surrender your Halifax endowment policy before the full term is up, there will usually be penalties imposed by the insurer of the policy, which will lead to you getting less than full market value and sometimes significantly less; selling it on to a third party could allow you to find a far better deal.
Investors may be willing to buy your Halifax endowment policy from you due to the fact that endowment policies have features that are attractive to long term investors. We work with leading endowment buyers and in many cases, people with endowments, including Halifax endowment polices, have made up to 45% more by selling their polices on and not accepting the surrender value offered to them.
To find out more about selling your Halifax endowment, use our no obligation service. Just have your Halifax endowment details ready and enter them into our online form:
- Your Halifax endowment details will be passed onto a specialist broker who will contact you to let you know if an offer can be made for your policy
- If the answer is yes, you will be sent a confirmation letter stating the quote offered along with details of what steps you need to take to complete the sale
- The service is no obligation, so you do not have to sell
You should remember though - not all endowments are suitable for selling on the second hand market; generally only traditional with profit policies that are at least five years old. You should also keep in mind that if you do sell your Halifax endowment, you will no longer have the life insurance that it provided.
Because our service is no obligation, you have got nothing to lose, so you may as well get a quote for your Halifax endowment. Just fill in the form and find out how much more you could get for your Halifax endowment.