Endowment Shortfalls
The response to endowment
shortfalls was an issue which the FSA responded to. Unfortunately, some
policyholders are discontented with the final financial outcome and rulings
against the life companies that issued the policies. Endowment
compensation has in some cases failed to return the values that
policyholders had been hoping for. You may consider your policy to be at its
optimum selling value now and feel that you don’t want to own in the future for
whatever reason.
If so, Endowment Express is ideally placed to help you secure a good price
for your policy.
Endowment Express does not offer personalised financial advice and all transactions are on an execution only basis. Always consult an independent financial adviser if in doubt.
Endowment
Royal Life Endowment
A lot of companies issued thousands of endowment policies - including companies such As Royal Life - and you may be a policyholder thinking about selling yours. The traded endowment market is strong at present and you may be able to trade in your Royal Life endowment for a good price.
The UK endowment market is a multi-billion pound industry that has served hundreds of thousands of home buyers. Mortgage endownment policies were taken out to cover the repayment of the home buyer's loan but, unfortunately, the values of some of these endowment policies haven’t always lived up to expectations, creating what is called an endowment shortfall. The shortfall has lead to mis-selling complaints and claims for compensation. Some policyholders have not been satisfied with the results of endownment compensation claims. Although in some cases extra value was credited to the policy it was in some cases not felt to be not enough.
Endowment Surrender
Some policyholders are choosing to surrender their policies back to the issuing life office. In some cases endowment redemption prices offered can be low and, increasingly, some policyholders are looking to cash in their policies on the second hand or traded endowment market. Here, endowment owners can in some cases sell their policies for a better price than they could obtain through surrender values offered by their life offices.
To investment firms, endowment fund and mutual fund management firms, traded endowment policies with their guaranteed element may represent an attractive investment. If you would like to sell Royal Life endowment, consider Endowment Express first. Learn more about selling Norwich Union Endowment Policies.
Endowment Policy Value
Endowment Express is well connected with major buying organisations and is well placed to help find the buyers willing to pay the highest price. It's what we want and what our seller’s want. So, if you are considering selling, contact us today for a no-obligation quote for your Royal Life policy.