Life Assurance of Scotland Endowment
Life Assurance of Scotland Endowment
If you are still holding onto a Life Assurance of Scotland endowment, and were going to surrender it, you should think about the option of selling it. The surrender values offered by insurance companies for buying back endowment policies are generally fairly poor, which is why it is worth looking at selling them, because you could get more.
Not all policies are attractive to buyers, but many see them as good investments due to their non income producing nature and partially guaranteed returns. Remember, if you sell your Life Assurance of Scotland Endowment, you will no longer have the life cover that it included, so you may want to look at alternative life insurance.