Ecclesiastical Endowment

Surrendering your Ecclesiastical endowment is an easy option, but it is not necessarily the best idea, because, surrender values tend to be pretty poor and you could end up with a shortfall. You should be aware that not all endowments are suitable for selling on the second hand market and generally only those traditional with profit policies that are at least five years old will be saleable. If you sell your Ecclesiastical endowment policy, you could find that you get more than you would if you have surrendered it. If you do sell though, you will no longer be covered by the life insurance it provided, so you may want to look at alternatives