Hi,
I have a with-profits endowment policy which I was considering surrendering, although I was advised it might be better to sell it. I have contacted a couple of possible endowment traders, as well as the APMM. All have said the term (May 1994 - May 2019) is outside of their criteria.
Why is this? Also, does that mean the only alternative (aside freezing it) is to surrender it? Does anybody have any recommendations of companies that may buy it?
Thanks for your advice, Steve.