Endowment policyholders can now quickly check whether their endowment can be sold.
Leading endowment buyer PolicyPlus has launched a web based ‘Quick Checker’ tool for Policyholders.
Jo Bridger, marketing manager at PolicyPlus commented,
“Our mission is to make it as easy as possible for policyholders to get more for their endowment. Those who surrender, because they feel it is too difficult to sell, are losing an average of £1,520 each and we want to make sure everyone gets maximum value when cashing in their endowment.”
To use the Quick Checker, simply check your policy’s start year and surrender value and then go to http://www.policyplus.com/
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For further information, please contact:
Jo Bridger
Marketing Manager PolicyPlus International 0845 055 3700
David Carrington
Sales & Marketing Director PolicyPlus International 0845 055 3700
Notes to Editors
1. Endowment statistics and previous press releases can be found at http://www.policyplus.com/
2. PolicyPlus is also providing bonus season commentary for journalists. To sign up, please email jo.bridger@policyplus.com
3. Figures quoted are based on PolicyPlus’ December 2006 figures of an average offfer 10% over surrender value and an average surrender value of £15,200.
4. PolicyPlus offers free, no obligation valuations, for policyholders at www.policyplus.com/
5. 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, a founder member of the Association of Policy Market Makers and the only market maker to receive a Queen’s Award for Excellence (International Trade).
6. PolicyPlus is currently offering on its widest range of policies ever, including:
Axa Equity & Law, Axa Sun Life, Britannic, Clerical Medical, Colonial Mutual, Commercial Union, Colonial, 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, Sun Life of Canada, UK Provident, Wesleyan
7. The PolicyPlus website has further information on PolicyPlus and the TEP market and can be found at http://www.policyplus.com
