David
Silverman & Co Selling Endowments
David Silverman & Co Selling Endowments
What
are they?
A second hand endowment policy, sometimes known as a traded
endowment policy, is one which an investor purchases from
the original person or persons who took out the policy some
years previously. Once the investor purchases the policy,
all the benefits, including the death benefit belong to him
or her legally. The new owner becomes responsible for paying
all the premiums as they fall due until maturity.The new owners
legal entitlement to all the benefits is recorded by the relevant
life company.
Advice
on investing in second hand endowment policies
David Silverman & Company provide advice to investors
considering purchasing second hand policies. The advice covers
such subjects as their suitability to the individual requirements
of the investor, tax considerations, risk factors, and comparability
with other forms of investment.
Selection
of Policies
David Silverman & Company will provide independent advice
to assist investors in selecting those policies most suited
to their particular needs as regards available capital to
invest, ongoing commitment to premiums, time scale and tax
position. David Silverman & Co are able to select from
amongst the many policies offered for sale at any one time
by a large number of policy market makers. They can advise
on the relative merits of the many life companies with regard
in particular to financial strength and past investment performance.
For
further information on David Silverman & Co Selling Endowments
visit the David Silverman & Co website.
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