Manufacturers Life Endowment

Manufacturers Life Endowment

If you were hoping to get rid of your Manufacturers Life endowment, you could surrender it back to the company, but, if you sell it on, you could get more.

Over recent years, the second hand endowment market has really grown, as investors (who do not have mortgages to worry about) realise the potential returns they could get on an endowment.

You should remember though that not all endowments are suitable for selling on the second hand market - it is generally only those traditional with profit policies that are at least five years old that will be saleable. But remember, if you do decide to sell your Manufacturers Life endowment, you will no longer have the life cover that it provided, so you may want to look at alternative life insurance.