Check my policyHome / Sell my policy / Endowment
Can you sell your endowment policy? Usually, if it is a participating plan with a cash value. We buy participating endowment policies from Singapore insurers, paid in cash, including limited-pay and fully paid plans. If our price beats your surrender value, you see both figures in writing.
Written offerExample
Endowment, fully paid, matures 2030
Guaranteed at maturityS$40,000
Your net surrender valueS$30,000
Our offerS$31,500
Figures are an illustration, not an offer.
An endowment's surrender value is usually lowest in its early and middle years, because the insurer recovers its set-up and distribution costs over the term. It often stays below the premiums you have paid for years.
A buyer looks at the other end of the policy: the guaranteed maturity benefit and the bonuses already added. We work that payout back to today at the return we need, take off any premiums still to pay, and compare the result with your surrender value.
Close to maturity, the surrender value and the payout move together, so a sale adds less. Buyers usually look once about a third of the term has passed. How endowment plans work
Paid in cash, from the main Singapore insurers.
| Kind of endowment | Do we buy it? | Why |
|---|---|---|
| Regular-premium participating endowment | Yes, usually after about a third of the term | Guaranteed maturity benefit plus the bonuses already added |
| Limited-pay endowment | Yes | Few or no premiums left to fund |
| Single-premium or fully paid endowment | Yes | Nothing left to pay, so the value rests on the payout |
| Endowment with a policy loan | Often | The loan and its interest come off the value |
| Lapsed endowment | Only if it can be reinstated | A lapsed policy may have nothing left to transfer |
| Endowment under a trust nomination | Usually not | The trustees would need to consent |
| Non-participating endowment | Case by case | The value rests on its guaranteed benefits alone |
If a premium falls due before the assignment is recorded, pay it so the policy does not lapse.
Many endowments carry a death benefit. After the sale it is paid to us, so arrange new cover first if you need it.
A partial withdrawal or a policy loan may give you enough cash while you keep the plan. See every option.
If it is past about a third of its term, paid in cash and in force, it is worth a check. The answer depends on its guaranteed maturity benefit, the premiums left and its current surrender value.
Yes. We price plan by plan, because each has its own guarantees and bonus history. Give us the name as printed on the policy.
Close to maturity, the surrender value and the payout are near each other, so a sale adds little. Waiting for maturity is often the better choice.
Yes, and these are often the clearest case: no premiums are left, so the value rests on the maturity payout.
Tell us about it and we reply with a straight answer. No NRIC, no obligation.