Check my policy
Menu
We buy insurance policies in Singapore
Thinking of surrendering? You can sell an eligible endowment or whole life policy to us instead, and it may fetch more than your insurer pays. The check is free and needs no NRIC.
- Official insurer forms, free and ungated
- Free eligibility check, no obligation
- Who we are and how we are paid, published
- No NRIC needed to start
How far into your policy are you?
60%of its term behind you
Worth a buyer’s look. Tell us about it and we reply with whether we would buy it.
Years since it started, divided by its full term. Buyers usually look once about a third has passed: a rule of thumb, not a rule. We buy policies paid in cash.
Get my free quoteWhy surrender to your insurer when you get more?
Surrender value = $30,000. We pay $32,000.
Figures are for illustration only. Final amount depends on the plan.
Official surrender forms
Every link goes straight to the insurer's own page. We never ask for your details first. Sources last checked 14 October 2026. Prefer a step-by-step list? Use our surrender planner.
- AIA AIA+ app or form library
- Prudential Customer service or your adviser
- Great Eastern Online, adviser or service centre
- Income Insurance Form by branch or email
- Singlife, including Aviva MySinglife or forms by plan type
- Manulife MyManulife or the app
- HSBC Life, including AXA Forms library
- Etiqa Policy services form
- Tokio Marine Life Surrender Discharge Voucher
- FWD Help centre, rules by product
Great Eastern
Last checked 14 Oct 2026
How to submit
Online, adviser or service centre
What the insurer publishes
Service centre at 1 Pickering Street, Great Eastern Centre #01-01. Suggests a loan, paid-up or lower premiums before surrender.
Payout time
About 3 to 7 working days locally; up to 2 weeks overseas
Official source
greateasternlife.com, policy surrender
Your choices, side by side
What happens to your money and your cover under each choice.
| Question | Surrender | Sell to us | Keep or borrow |
|---|---|---|---|
| Cash now | Your net surrender value | Our written offer, if we buy | None, or a policy loan |
| Against surrender value | It is the figure | May be more; both shown in writing | A loan is repaid with interest |
| Your life cover | Ends | Ends for you; benefits pass to us | Continues |
| Future premiums | None | We pay them | You pay them |
| The maturity payout | Given up | Paid to us | Paid to you, less any loan |
| Can you undo it? | Usually not | Not once assigned | Yes |
| Who handles it | Your insurer | Us, then your insurer records it | Your insurer |
Partial withdrawals and paid-up policies are two more ways to keep a policy going. Compare all six options
How we buy
One example policy, followed from your first message to payment.
-
First, you tell us about the policy
Example policy
Great Eastern endowment
Started2010
Matures2030
PremiumsFully paid
Guaranteed at maturityS$40,000
-
Then we confirm the figures with your insurer
Surrender value statement
Gross valueS$31,200
Less policy loanS$1,200
Net surrender valueS$30,000
-
Then you get our offer in writing
Written offer
Net surrender valueS$30,000
Our offerS$31,500
Both figures, before you decide
-
Last, your insurer records the transfer to us
Completed
OwnerUs
AssignmentRecorded
Paid to youS$31,500
We buy with our own money
One buyer, one offer
We buy eligible policies ourselves, so the offer comes from the people who pay you. Every offer is in writing, with your net surrender value printed beside it.
When we don't buy
If a policy is not one we buy, we say why and point you to your insurer's surrender form and our step-by-step guide. We don't pass your details to anyone else.
Questions sellers ask
Is selling a policy legal in Singapore?
Yes. An assignable life policy can change owners by absolute assignment, a transfer the Policies of Assurance Act 1867 recognises. Some policies cannot be assigned, such as those held in a trust or pledged to a lender.
Do I keep my life cover after selling?
No. Once the policy is assigned to us, its benefits, including the death benefit, are paid to us. If you still need cover, arrange new cover before you sell.
How do you work out your offer?
We value the guaranteed maturity benefit and the bonuses already added, take off the premiums still to pay, and work it back to today at the return we need. The method is published on How we value policies.
Will you always pay more than surrender value?
No. Eligible policies may fetch more, but not every policy does. Your written offer shows your net surrender value beside it, so the comparison is on the page.
Which policies do you buy?
Participating endowment and whole life policies from the main Singapore insurers, paid for in cash. See the full list.
Are you regulated by MAS?
No. MAS does not regulate buyers or intermediaries of traded life and endowment policies. Your policy itself stays with your licensed insurer, which records the assignment.
What does it cost me?
Nothing to get a check or an offer.
Can I still surrender if I don't like the offer?
Yes. An offer is not a commitment. Your insurer's surrender route stays open, and our guides link to its official forms.
Find out if we would buy your policy
Tell us about it and we reply with a straight answer. No NRIC, no obligation.