Lloyds TSB Endowment
Lloyds TSB Endowment
Are you thinking of getting rid of your Lloyds TSB endowment? Instead of simply settling for the surrender value that has been offered to you, why not sell it? There is now quite a market for second hand endowments; long term investors see their slow growth as an attractive feature, and if you want to be rid of yours, you could cut your losses. With our no obligation endowment selling service, which puts you in touch with leading endowment buyers, you could get up to 45% more for your Lloyds TSB endowment than you would if you just accepted the quote for cashing it in.
All you need to do is fill in our online form with details about your Lloyds TSB endowment, including:
- Your policy type and policy number
- When the policy started and its maturity date
- The gross premium and premium frequency
- The basic sum assured
- Total bonuses accrued to date
- The surrender value you have been offered
A leading endowment buyer will be in touch to let you know if an offer can be made. If there is a buyer for your Lloyds TSB endowment, you will receive a letter confirming the offer and letting you know what to do in order to complete the sale.
If you do decide to sell your Lloyds TSB endowment, you should remember that you will no longer have the life insurance it offered, so you may want to look alternative life cover. You should also remember that not all endowments are suitable for sale on the secondhand market – usually only traditional with profits policies that are at least five years old.
So before you surrender your Lloyds TSB endowment, make sure you get a quote for selling it – there is no obligation to sell, so what have you got to lose?