Companies that buy endowment policies from divorcees
If you are currently going through a divorce and have decided that endowment policies are therefore no longer required, you may well have decided to surrender.Some companies buy endowment policies from divorcees, often giving them a greater return than they would get from surrendering it back to the providing life company. In some cases, the difference can be as much as 35% when a market making company buys your endowment policy, compared to surrendering. ...
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- Companies that buy endowment policies from divorcees updated Tue Aug 28 2007 5:19 am CDT
If you are currently going through a divorce and have decided that endowment policies are therefore no longer required, you may well have decided to surrender.Some companies buy endowment policies from divorcees, often giving them a greater return than they would get from surrendering it back to the providing life company. In some cases, the difference can be as much as 35% when a market making company buys your endowment policy, compared to surrendering.A market maker will buy endowment policies from other divorcees just like you and sell them on to major institutional investors. This means you don’t have to wait on the policy to mature to release its equity.There are many other reasons why you may look for a market maker to buy an endowment policy from you, including:You could receive a firm cash offer for your endowment policy within 24 hours of the enquiry being made.Many have years of experience buying and selling endowment policies.You will be able to raise funds much quicker when a market maker buys an endowment policy from you. Don’t surrender! A market maker may buy your endowment policy It’s important to make the most of your finances, even if your marriage is over. If you are facing divorce then the fact is that you simply may not need an endowment. Further reasons why you should consider letting a market maker buy your endowment policy, include:If the policy is tied to the marital home and it is in the process of sale The policy is no longer required as it covers both the lives of you and your ex-partner.In cases where a previously jointly-owned endowment was transferred to you as part of a settlement, market makers can still buy the endowment policy from you; even if your ex partner is still a life assured.So whatever you do, don’t surrender your policy straight away! Consider selling to a reputable and trusted company that will buy your endowment policy and give you a fair return on your investment. This article was written by Scott Andrews on behalf of aap – the UK’s largest buyer of endowment policies.Visit http://www.aap.co.uk to find out how much your policy could be worth. You’ll see aap is the company to buy your endowment policy.
Tue, 28 Aug 2007 10:19:33 +0100
