Selling Endowment Policy is a practice prevalent in the U.K. Selling endowment is simply surrendering the policy to a third party.Selling an endowment policy has become a big business these days.The reason is simple: There is more profit when someone surrenders an endowment policy back to the Insurance company.
Endowment policy selling has risen in the recent years.These days more and more companies are coming forward to buy the endowment policies at rates much higher than the surrender value.
If you are confused how to reach the endowment buyers, a traded Endowment specialist
can help you or you can directly contact a company.The former deals with Second Hand Endowment policies and they can help you to find the best quote available in the market.Some companies purchase endowments only from these specialists, hence it is always better to entrust the whole job in the hands of these specialists.
The offers vary from companies to companies.Some gives a guaranteed offer while others don't.A Traded Endowment specialist can help you find the best offer suited to your circumstances.
Monday, December 21, 2009
Purchase structured settlement ; how to ?
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Structured Settlement ; Definition
These days we hear so much about purchasing structured settlements. So lets first take a look at what structured settlement is all about.
What are Structured Settlements?
When someone wins a lawsuit, he gets the recovery for the damages in cash.This may be given as a lump sum amount or as a series of smaller payments. The settlement that is given out as a number of smaller payments overtime is known as a structured settlement.In order to provide financing , usually structured settlements are generally made by an intermediary third party.
What are Structured Settlements?
When someone wins a lawsuit, he gets the recovery for the damages in cash.This may be given as a lump sum amount or as a series of smaller payments. The settlement that is given out as a number of smaller payments overtime is known as a structured settlement.In order to provide financing , usually structured settlements are generally made by an intermediary third party.
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