London Life Companies

Many of the largest life companies are located in London, as are many endowment buyers.

If you think your endowment policy is underperforming, you'll probably be pleasantly surprised to learn that that there may be eager buyers for it. You may want to request an endowment quote from Endowment Express - a specialist endowment seller.

Going with expert endowment sales people who have the resources and large pool of endowment buyers to help you get the best price makes sense to many people.

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.

Why buy a Traded Endowment Policy?

A traded endowment policy is someone else’s cast-off, right? So why should someone want to buy one? Well, traded endowment policies are indeed with-profits endowment policies that the owner has sold before full-term. You are perfectly entitled to buy a traded endowment policy, and there are good reasons why someone would want to do so.

Firstly, taking over traded endowment policies is easy. You simply pay the endowment surrender value and take over the premiums. Endowment Express can help with this. All endowment policy benefits, apart from life cover, automatically transfer to you.

London is a thriving metropolis with more than 7.5 million inhabitants living in a restricted urban area thus driving demand for land and homes. The BBC reports that the cost of living in London is 9.7% higher than the national average.

If you're tiring of land taxes, fuel, heating costs, food prices, and are overwhelmed with personal debt, you may decide that now may the right time to divest of your endowment policy. The market can help you get a better price for endowment surrender.

Traded Endowment Benefits

OK, so what are the benefits of buying a traded endowment policy? Well, the policy’s value will never fall, based on 'Basic Sum Assured' and 'Bonuses Attaching'. The surrender value of your endowment will never show any set-up charges either: they’ve already been paid for you by the original endowment policyholder.

The Basic Sum Assured is paid on maturity or on the death of the original endowment policyholder. Bonuses are also added to the endowment policy every year. Taken together, these elements make up the guaranteed value. This is often higher than the purchase price - good news.

Secure Investment

Traded endowment policies can be a highly secure investment, although nothing is guaranteed. A traded endowment mortgage benefits from ‘smoothing’ - this is where some of the profits of a good economy are kept back to boost bonus levels during a weaker economy. Demutualisation windfalls with a traded endowment policy are also a possibility. So, you could do much worse than take on a traded endowment mortgage.

If you want to buy or sell an endowment policy and are unsure of where to turn, why not call Endowment Express on 0800 091 1913 for information or e-mail us here.

Other UK cities: Leeds, Birmingham, Cambridge, Blackpool, Liverpool, Leicester, Coventry, Bristol, Norwich, Ipswich, Northampton and Darlington.