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Whole Life Assurance Policy

Last post Fri, Feb 12 2010, 6:57 AM by Skywalker. 1 replies.
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  •  Fri, Feb 12 2010, 6:57 AM

    Re: Whole Life Assurance Policy

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    Brokers will only buy policies that have an existing surrender value, such as an old endowment policy. Yours has no value, since it is an ongoing life insurance policy with no savings aspect build in, if I am not mistaken.
    • Post Points: 5

  •  Thu, Feb 11 2010, 1:30 AM

    Whole Life Assurance Policy

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    I have a WOL assurance policy (non-profit/unit-linked) which has been running for almost 25 years,

    but I can no longer afford the £20 monthly premium. A relative told me that there are brokers who will buy these

    type of policies: is this correct and can anyone advise me where I could find a reputable and trustworthy broker?

    NB: the policy does not have any surrender value.
    • Post Points: 20