London & Manchester Endowment

London & Manchester Endowment

Before surrendering your London & Manchester endowment, you should look at the option of selling it. Many people with endowments, including London & Manchester endowment policies, feel they need to take the surrender value they are offered in order to cut their losses, but in most cases, the surrender value is very poor, and you could get more by selling.

Not all endowments are suitable for selling on the second hand market -generally only those traditional with profit policies that are at least five years old – and even then, not all are attractive to investors, but many are due to their non income producing nature and partially guaranteed return, and some are popular with foreign investors because they can offer tax breaks.

You should remember that, if you do sell your London & Manchester endowment, you will no longer have the life cover that it provided, so may want to look at other life insurance options – we can help you with that  - we have a FREE life insurance comparison service.