Provident Life Endowment
Provident Life Endowment
If you are thinking about surrendering your Provident Life endowment policy, it is worth finding out if you could sell it instead, because you could get about 45 per cent more by selling.
The surrender value that insurance companies offer for endowments, like Provident Life endowments, is often pretty low, but because of their reputation, many people feel surrendering is the only option. But, endowment policies can be attractive propositions for investment companies who will hold a portfolio of With Profits Endowments, because they provide a partially-assured rate of growth within a relatively low risk investment strategy, so it is worth finding out if you can sell your Provident Life endowment.
Our endowment selling service can help – all you need to do is enter the details about your Provident Life endowment policy into our online form; an expert will be in touch to let you know whether or not an offer can be made. The information you need to give us includes:
- Policy number and type
- Sum assured
- Bonus information
- Surrender value
Remember though, 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 are saleable, and if you do sell your Provident Life endowment policy, you will no longer have the life cover associated with it.
To find out how much you could get for your Provident Life endowment, fill in the form.