Imperial Life Endowment
Imperial Life Endowment
If you are hoping to get rid of your Imperial Life endowment policy, and were thinking that the only option you have is to sell it back to the insurance company (now Lincoln), then you should think again. You could actually get a lot more for your Imperial Life endowment – up to 45% in some cases – if you sell it on rather than accept the surrender value offered by the insurance company.
Surrender values are normally fairly low, which is why it is worth looking at selling, because there are investors who will be prepared to make you an offer for your Imperial Life endowment policy – for many investors an endowment is an attractive investment, this is because of its non income producing nature and partially guaranteed return. The market for endowment policies has also been boosted by a demand from foreign institutions that use the tax benefits they can offer.
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, and it is important to keep in mind that if you do decide to sell your Imperial Life endowment, you will no longer have the life cover that it provided, so it might be worth looking at alternatives – our life insurance quotes service can help you.
You can find our more about selling your Imperial Life endowment by using our online service – there are no obligations, so even if you are made an offer, you are under no contract to sell.
How to sell your Imperial Life endowment in three easy steps:
- Enter the details about your Imperial Life endowment policy into the online quotes system
- A broker will study the details and call you within 48 hours to let you know whether or not an offer can be made
- If an offer can be made, you will receive confirmation along with details on how to take the process forward
With no obligations, there really is nothing to lose – fill in the form to find out how much you could get from your Imperial Life endowment policy.