Selling Endowments



If you are looking to surrender your endowment policy you should, first of all seriously consider selling it on the second-hand traded endowment policy market (TEP).

There is a choice of three ways to get a quote for your endowment policy:

1. Submit your endowment policy details online

2. Telephone us on 020 8518 1218. A member of our staff will arrange to send you an application form for completion

3. Download the Application for a Sale Quotation Form, complete the details at your leisure, and post it to us for free at:
     

The Traded Endowment Trawling Service Ltd
Freepost
370 Cranbrook Road
Gants Hill
Ilford Essex
IG2 6HY


We will then trawl the market by submitting details of your policy to virtually all of the market makers (these are companies that buy endowment policies). Your endowment policy will then be assessed and, if tradeable, an offer will be made to you.

We should like to emphasise that there is no obligation on your part to accept any offer and we do not charge fees for our service. At the same time we should like to point out that there is no guarantee that we can obtain an offer on your policy but we will do our very best to help. The transaction will be dealt with on an Execution Only basis and as such you will not be provided with any advice.
Please answer all questions carefully!
Policyholder full name(s) First life      
Second life      
Policyholder date(s) of birth First life      
Second life      
Policyholder address(es)      
Insurance company (at start of policy)        *Ignore changes of name due to takeovers etc
Policy number        
Start date

 

      
Maturity date

 

       
Please state the EXACT SURRENDER VALUE for this policy. An inaccurate or approximate figure will probably void any offer for the policy.
Surrender value . . . . £ (minimum £3,000) 
Valuation date . . . . . .     (dd/mm/yy) 
We cannot obtain quotations without a recent surrender valuation for your policy! Recent means within the last month. Please contact your insurance company for a valuation.
Basic sum assured

 

£   *This is not the death benefit figure
Total bonuses attached

 

£  

Date of last bonus notice

 

      (dd/mm/yy)
Gross premium

 

 £
   Per Month or Per Annum
     
E-Mail Address

 

      
Telephone Day      
Evening      
Has the policy been altered at all since inception? If so, tick here: and give details below.
Please confirm the following: I have offered this policy to other companies or brokers  
Comments/Questions    
Please use this space for comments, questions,
policy alterations, low start premium schedule
or the names of any brokers/companies you have already offered this policy to
I have read and agree to Terms of Business