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.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,