Hi.
I am planning to cash in a life assurance policy and the company involved has suggested that I consider selling it via the Traded Indowment Market.
Has anyone got experience of this market or do you think it is a wise rout to go.
Just to give some detail the policy was taken out in 1986 for £5,000 = Euro 6,340
Premium is Euro 48 Quarterly
It is due to mature in 2022 with a current value including all bonus to date 0f Euro 11,527
They are offering a surrender value of Euro 7,397
Any advice would be welcome.
w200
I am planning to cash in a life assurance policy and the company involved has suggested that I consider selling it via the Traded Indowment Market.
Has anyone got experience of this market or do you think it is a wise rout to go.
Just to give some detail the policy was taken out in 1986 for £5,000 = Euro 6,340
Premium is Euro 48 Quarterly
It is due to mature in 2022 with a current value including all bonus to date 0f Euro 11,527
They are offering a surrender value of Euro 7,397
Any advice would be welcome.
w200
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