How Does This Work?
For your life and endowment policies, there is always a surrender value if you decide to terminate/surrender/ cancel before the policy maturity date. It is based on this sum that we will offer and pay a premium above it.
Once the price is agreeable, we will proceed to transfer the ownership of your policy to us. All the rights and obligations of the policy, including the future premium payment, will be passed on to us after the assignment.
We will make payment to you immediately upon completing the necessary paperwork at the insurer’s office.