One should look on the 'selling my endowment' website when looking to sell an endowment policy. They offer much advice and tips on where to do this. One can also go to 'endowment surrender plus'.
It should be paid weather you die or not. It should fallow legal codes similar to IRAs.
If you are within the age group of 30 years, while shopping for life insurance, you should opt for Term Insurance policy, where you get life coverage with a huge sum assured amount but at a meagre premium.If you are within the age group of 40 years,it is wiser to buy Endowment life insurance policy for a time span of 20 years.If you are the potential to multiply your money, go for Money back policy where you get money at periodic intervals.If you intend the money for children's higher study,daughter's marriage, go for endowment policy where you get maturity amount (sum assured + guaranteed adddition) which forms a huge corpus.
If you surrender it you are in effect canceling the policy. They will issue you a check for the cash value in the insurance and you will no longer have the protection. Alternatives? Maybe take a loan on the cash value which you would have to pay back. If you are over 52 you should look into selling the policy as you will get more than the cash value. I can help you with that. In any case I caution you on losing a policy like this, consider carefully. 4LifeGuild
Don´t exist any policy about this and any Incentive for this by Government
I would look it up and see what price similar items are selling for. Hope this helped.
Endowment is essentially an amount that is left for an heir as an inheritance after one's passing. I could be wrong, I didn't look this one up but it is something that you are entitled to without any sort of specific action, just that you have been designated the owner after death.
They stopped selling them, look on eBay or craigslist.
One can look at eBay for a used pub pool table or see if anyone is selling a used table through Amazon. Or see if someone is selling one on Craigslist in their area.
It would more than likely be one of the insureds. Usually the 1st named on the policy. Look at your policy or call the agent or company and ask..
You need to call the Insurance Company or look in the statement of values page.
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In California there well be new laws coming out April first,,,,,so look for them after that time!