Endowment policies are an important topic that involves a lot of money and therefore if they are something that you are considering or something that you already have, it is vital to know the ins and out of them. As well as this, it is equally important to know what your options are when it comes to things such as selling or trading in your policy.
The first step is to ensure that you fully understand what endowment policies are. They are life assurance contracts which are designed to pay Read more »

Traded endowment policies are policies that the original policyholder has sold to a third party with complete assignment of all future benefits. In other words it’s another way of saying that they are second hand endowment policies.
These are are common practice as it’s very unusual for policyholders to maintain their policy until it reaches its maturity date which is normally 25 years after the policy began. The policy is usually surrendered to the insurance company who usually Read more »

Endowment policies can be a tricky business if you don’t know much about them, especially when things go wrong. As long as you have done your research before committing to anything there shouldn’t be any problems but unfortunately, sometimes things go wrong. It is important to understand your rights and what options you have if things do go wrong however.
If you think you have a case regarding mis – sold endowment policies then you will have to act on any shortfall before Read more »

In the 80’s endowment policies were all the rage, for first time buyers and home-owners alike, they promised massive returns by combining investment growth with life insurance. In theory the endowment policy should grow over a period of 25 years so that the policy holder has a large lump sum that is capable of repaying the original loan and leaving some excess to play with. However, now in 2008 the reality is quite different.
We shouldn’t be shocked at the current state of Britain’s Read more »

Endowment policies can seem like a daunting prospect to those who have no idea what they are, what they do and how they work. As a result of this many people choose to live in ignorance about them and never enquire about them or find out what they really are. Whilst this might not bother the majority of people, many are often surprised to find that by choosing to ignore endowment policies means that they are missing out on some great investment opportunities.
Not only do endowment policies Read more »

Life insurance is a lucrative industry, and as more and more people come to understand the benefits of life insurance it becomes even more rewarding. However, even though there are countless individuals in need of life insurance, generating life insurance leads can seem like a daunting task. Fortunately, with knowledge of a few tricks of the trade, it is much easier today than ever before to generate new leads.

Before the Internet became a popular form of communication, insurance agents Read more »

Selling endowment policies can be a very stressful time regardless of what your reasons for selling them are. If you decide to stop your endowment policy and surrender it, it is very important to check your policy and make sure that it is worthwhile doing this. If you are not going to get a decent amount of money for it then there is no point selling it now and you may as well either carry on searching until you get a better deal or wait a couple months as you may get a better deal then.
One Read more »