Sold mine secondhand for cash
Advantages easy to sell for cash at a later date
Disadvantages did not perform well enough
Detailed Rating
| Competitiveness of APR | |
|---|---|
| Comprehensiveness of range of products | |
| Product package | |
| Efficiency of service | |
| Value for money | |
| Online - Content/organization of site | Average |
| Online - Reliability/speed of site | Average |
more
While the policy was easy to take out and easy to understand, I got a letter for friends Provident telling me it wasn't performing well enough to pay off my mortgage.
Having contacted Friends Provident, they sent me some literature regarding it's performance and what I could do ti rctify the situation, including taking out another Friends Provident policy to top it up.
I thought that this might not be a wise move, given past perormance, so decidied to contact the FSA and the consumer advice bureau for their advice.
They would not give me any advice, but did point me in the direction of the internet for the possibility of selling the policy on, secondhand.
I found www.sellendowments.co.uk and sold it on for more than the surrender value
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Sparkle1984 20/02/2006 21:29
Soho_Black 24/01/2006 17:22
Delicate_Orchid 17/01/2006 13:53
SnowiestElf 17/01/2006 13:35
as below, add more information and let me know if you update and i'll come back and re-rate.
angel530 17/01/2006 13:06