Leading endowment buyer PolicyPlus, has published a free online guide to selling your endowment for all those who are thinking about whether to surrender or sell their policy. The guide aims to demystify the market and explains how to go about getting prices and then selling a policy.
Jo Bridger, marketing manager at PolicyPlus commented,
“Most people only need to sell an endowment once and with all the jargon, it can seem quite daunting. The average uplift over surrender value is £1,500, so it really is worth selling rather than surrendering. Our free guide is designed to help people through the process, making it easier for them to secure that extra cash.”
The free guide can be viewed or downloaded at http://www.policyplus.com/
PolicyPlus also have a dedicated quote team on 0845 055 3055.
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For further information, please contact:
Jo Bridger
Marketing Manager
David Carrington
Sales & Marketing Director
Notes to Editors
1. Endowment statistics and previous press releases can be found at http://www.policyplus.com/
2. During July 2006 PolicyPlus offered an average of 12% over surrender value.
3. PolicyPlus has been buying and selling endowments since 1989 and is authorized and regulated by the Financial Services Authority. It is a world leader in the traded Endowment market and a founder member of the Association of Policy Market Makers.
4. PolicyPlus is currently offering on policies from the following insurance companies:
Axa Equity & Law, Axa Sun Life, Britannic, Clerical Medical, Colonial Mutual, Commercial Union, Co-operative, Crusader, Ecclesiastical, Friends' Provident, General Accident, Gresham, Legal & General, Life Association of Scotland, Liverpool Victoria, London & Manchester, Manufacturers Life, MGM Assurance, National Farmers Union, National Mutual Life, National Provident Institution, NM Life of Australasia, Norwich Union, Pearl, Phoenix, Provident Life, Provident Mutual, Prudential, Refuge, Royal Life, Royal Liver, Royal London, Scottish Amicable, Scottish Equitable, Scottish Life, Scottish Mutual, Scottish Provident, Scottish Widows, Standard Life, Sun Alliance, Sun Life of Canada, UK Provident, Wesleyan
5. The PolicyPlus website has further information on PolicyPlus and the TEP market and can be found at http://www.policyplus.com
