Our objective: Endowment Exchange aims to provide a better outcome for endowment policy owners who are thinking of surrendering their policies.

The problem: Surrendering an endowment policy back to the insurer tends to yield a poor cash value. 

The solution: Policy owners can legally “sell” their policies to investors instead, who may be able to offer a better price. However, most policy owners are unaware of this alternative.

Where we come in: Endowment Exchange buys over existing endowment policies, at prices higher than the surrender value.

How do you benefit? The original policy owner may be able to extract more cash from their policies (compared to surrendering it back to the insurer)

How do we benefit? Endowment Exchange will get to invest in policies with relatively higher returns and a shorter time to maturity (compared to incepting a new policy).

Is this legal? Yes. A policy owner is allowed to transfer the ownership of the policy via what is known as an “absolute reassignment.” The new policy owner will own the rights, benefits and obligations of the policy thereafter.

How do you decide on what price to offer? When deciding on our offer price, we consider the following information: the type of policy, the time to maturity, and the premiums paid and due. If you accept our offer, we will verify the information at the insurance company’s office before making payment to you. 

Why Endowment Exchange? As we are saving on overhead costs like office rental and commissions to sales reps, we are confident in offering a better price than the market rate. Get a no obligation quote by filling up this form. It takes 3min!