Endowments:
Trade Policies
Selling Your Endowment Policy
The following pages will allow you to investigate the sale value of your Endowment policy through an independent trading platform. This unique environment provides an efficient and user-friendly link between participants in the TEP market. The TEP Exchange is completely independent and does not buy or sell endowments, but rather facilitates the trading of TEPs through an exchange platform.
It is very important to make sure you understand all of the options open to you, including selling, surrendering and maintaining your policy and how each may effect the benefit you receive
If your Endowment policy is intended to pay off an existing mortgage you must ensure that your needs continue to be met after you take action; for example, you may need to set up an alternative repayment vehicle, alter the terms of your mortgage with the lender, or establish an alternative source of life cover to protect any family members that may be affected should die with an outstanding mortgage debt.
Please contact us for advice on 0800 023 4064 if you are in any way unsure of the most appropriate course of action for you, or need further information on the options available.
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