London Life Endowment
London Life Endowment
You might be thinking about surrendering your London Life endowment policy because of the current situation that has arisen regarding their shortfalls. A reported 8 out of 10 people will not get back what they have put into their endowment policies, so before you do, you should get a sales quote to see if you can get more money from it that way. Depending on the terms of your London Life endowment policy, companies are offering to buy them for up to 45% more than you might otherwise get by surrendering it back to the provider. Also, by surrendering, you will be charged by your policy provider for terminating it before your term is up. You can get a quote for your London Life endowment policy for FREE from a specialist endowment broker. To get a no-obligation quote, you can apply online.
If you were to surrender you policy, you would now be surrendering it to the Pearl Group, London Life's parent company. London Life was set up in 1806, giving it 200 years experience of providing insurance and investment services.
In 2005, London Life, NPI and Pearl accepted a merger to become part of the newly formed Pearl Group Limited, which focuses on long term investment and financial security for its customers.