| Endowment
policies are sold privately, through traders and at auction.
Below a brief description of the steps on how to
auction an endowment
Auction
an endowment
At
an endowment policy auction, auctioneers sell your policy on your
behalf and aim to get the best possible price.
To sell your endowment policy at auction, you first need to complete
and submit a policy valuation form.
The auctioneer will then enter the policy into the next endowment
auction.
But you don’t have to sell the policy if the highest bid is
below the surrender value or whatever you set as a reserve price.
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