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 more.

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.

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.