Selling Endowments

Useful information on selling endowments from the pros and cons of cashing in your endowment policies to advice on mortgage shortfalls.

During the 1980s and 90s endowment policies were hugely popular, especially amongst home buyers who saw them as the best way to pay for a house when taken with an interest only mortgage.

Consisting of a combined savings plan and life insurance policy, endowments were projected to increase so significantly in value that on maturity they would not only provide sufficient funds to enable investors to pay off their mortgage completely but, in addition, would provide surplus funds that could be used for further investments or to provide funds for retirement.

Unfortunately due to warnings of poor performance, projected shortfalls and claims of misselling endowment policies have fallen out of favour. Because of this, many are choosing to cash in and sell their endowment policies to market makers (or policy purchasers) rather than waiting for them to mature.

There are a huge variety of reasons why people choose to sell their endowment policies other than simply losing faith in their performance. Many release the funds from their endowment policy to accommodate a change in their personal circumstances such as starting a family, as the cash released can help with the cost of purchasing baby products, moving to a larger home and supplement a reduced income if one partner stays at home to look after the children.

Regardless of the reason, when you decide to cash in your endowment policy there are several options available to you. These include surrendering your policy back to the life company, searching the market for policy purchasers yourself or using a specialist endowment company to do this for you.

Before you surrender your policy back to the life company, it is well worth checking whether you can redeem a better price from a policy purchaser. To do this you will need to obtain the current 'surrender value' for your endowment policy from your life assurance company so that you can compare it to any quote offered.

When looking to sell rather than surrender your policy you have 2 options. You can either contact policy purchasers individually or use a company such as Endowments.uk.com who will search the market and negotiate the best price possible for your endowment policy.

When considering your options it is important to remember that demand on the endowment market changes daily and quotes are only held for a short amount of time. If you have decided to sell and are looking for quotes you will need to move quickly; for this reason it is usually much more convenient to sell through a specialist endowment company. Especially as many offer a re quote service whereby if you are not happy with the initial quote offered they will continue to search the market on a daily basis until a quote more in line with your expectations is found.

When considering selling your endowment policy it is important to research your options thoroughly and ensure that you are happy with the options presented to you. For instance, there is a possibility that selling your policy before maturity could mean that you make less than you would have if you'd have continued for the full term. However, if a change in circumstances means that you need the money, then selling your policy may be the right thing to do. One thing is for sure; if you decide to sell your policy you should try and redeem as much money as possible.

Car Insurance Buying Tips

by on October 8, 2010

When buying car insurance, there are few things to keep in mind if you want to save money. The first thing to consider is picking the deductible that you’re comfortable with. Making it to high creates a bigger exposure for you in case of an accident, however making it to low will spike your premium.
Keeping your driving record clean entitles you to a discount with lots of insurance carriers. Airbags and alarms also add to additional premium discounts.
You will want to make sure that you have all the proper information for your state, because the more you know about their specific policies and requirements, the more money you will save on the insurance you get.
If you have an older vehicle keep in mind that older cars that are in need of fixing mean higher premiums for you to pay, so try to them avoid them if at all possible. By living in an area that is considered to be more rural, you will not have to pay as high of a premium as if you live in an urban area, so if you have a choice, it’s good to stay as rural as possible.
Shop around for the best online car insurance quote from several carriers, every dollar saved counts.

3 Ways To Lower Your Car Insurance Premium

by on July 2, 2010

If you want to lower the price of your auto insurance, there are some steps you can take. The primary elements which have the biggest effect on the price of this tend to be your credit history, sexual category, age group, as well as your driving background. Here are a few things you can do to ensure that you get the best price for your car insurance.
1. Raise your deductible. Going with the lowest deductible may sound like you’ll be spending less, but that’s only in the event of an accident. A better choice would be to pay out a rather increased insurance deductible, thus saving money on your annual premium. The definition of insurance deductible essentially signifies the number you tend to be ready to spend just before your own insurance coverage comes into play. Bear in mind, nevertheless, that when you get into an accident (even a small accident), you need to spend much more in upfront expenses prior to making a claim.
2. Park your car or truck further away from the road, if possible in a garage or some kind of a car port. Did you know that by not parking your car near the road, decreases your odds of having your car stolen by approximately 70%? This really is reflected within the cost of your car insurance policy quotes, and may decrease your premium by around 20% in some cases. Parking in the garage, consequently may be visible by a lower insurance cost.
3. Shop around with various companies for the best online car insurance quote. Make use of price evaluation web sites like this one to get car insurance estimates from multiple carriers. Any time browsing, make sure to evaluate every single policy regarding it’s advantages and not simply the price. Different policies, carry different coverage limitations and exclusions, so know upfront what you’re getting and compare accordingly.

Cheap Car Insurance For Young Drivers

Finding affordable young driver insurance is something we all have to face at one time or another, and no matter which state you live in, you will still be able to get cheap car insurance for young drivers. It is something that every new driver wants, and it is critical that you know which kind of factors can affect the rates which certain carriers choose to set. Location is the first thing that might have an impact on how cheap or expensive auto insurance is for a new driver. Another factor which goes into deciding how expensive young driver insurance will be is gender as well as the type of vehicle being driven.
Whatever type of car you drive or wherever you may live, there are certain ways to make sure you get cheap young driver insurance for your car at affordable rates. The first way you can go about doing this is to always take advantage of special discounts given on premiums for people who have to commute for work or school. Even getting good grades in school can be ground for a reduction in your car insurance. Once you start looking at all of the possibilities, you will be truly amazed at what you find.
To get cheap car insurance for young drivers, you can also consider making your deductible a little bit higher when getting physical coverage for your vehicle. You can also make sure not to waste any money on unnecessary features such as collision if the vehicle you are driving isn’t worth that much anyway. By cutting out all of the insurance features you don’t need, you can end up saving a ton of money in the end.
The truth is that young driver insurance doesn’t have to cost an arm and a leg. You can also avoid getting slapped with expensive billing fees by just paying the total cost of your premium up-front. You can do this for 3 months, 6 months, or even an entire year. While it might be a lot of money to pay at one time, the amount it can end up saving you could be worth it.
Another way to avoid billing fees which charge you extra money is to make sure that the full amount for your premium taken from your bank account, so there is absolutely no confusion when it comes to paying it. Doing all of these things and more can be a great way to ensure that you don’t pay more than you have to for your insurance if you are a young person just starting out on the road.
Taking the time to choose the right insurance company is also something you will want to consider doing. By selecting the right car insurance company, you will get a fair rate while being able to deal with a team of reasonable and helpful people.
Finding lower cost policies for new drivers doesn’t have to be a chore. You can easily find both small and large ways to reduce the cost of your premium each month, as long as you keep all of your options open. Some companies specialize in young driver insurance and you can start by choosing the best online car insurance quote from one of them, which will help you find the company with a cheap car insurance for young drivers.

Online Car Insurance Quote

Get a free online car insurance quote to compare top rated companies and choose the coverage that best fits your needs. Since there are literally hundreds of auto insurance carriers around the nation, it can be pretty confusing and time consuming trying to compare them all.
To help you find the best and the least expensive online car insurance quote quickly and easily, without having to contact a bunch of companies, we do all the heavy lifting of searching for the best car insurance carriers in the industry with top ratings, giving you numerous options to get the best auto insurance policy and the right vehicle protection.
Using our free service can help you narrow down the search and compare car insurance rates from multiple companies.
We only work with the most reputable property and casualty insurance carriers that have the best ratings by independent companies, like A.M. Best, Standard & Poor’s, Moody’s and Weiss Ratings, that review insurance companies in the market and give them ratings based on financial health, stability and the capacity to meet present and future financial obligations. In other words giving you the peace of mind that they are able to pay out claims that are made with them.
No matter what your situation is you can get really cheap car insurance if you know what you’re looking for.
First you need to know what type of auto insurance you need and then you can shop for the best online car insurance quote. Here are a couple things to consider when you’re trying to find really cheap car insurance.
Use a website just like our to get multiple quotes. Our online quoting service will help you compare multiple local and national carriers to get the best car insurance quote.

Next you need to make sure you’re getting adequate coverage. The key here is not to pay for coverage you don’t need, but at the same time not leave anything out that you do need. Lots of people end up paying less only because they sacrifice coverage. Cutting corners like this isn’t necessary, nor is it a good idea to compromise and put yourself in a higher financial risk. Make sure you go over and understand fully the coverage limits, deductibles and things such as car rental in detail so you end up getting a good policy. Remember you don’t always have to sacrifice coverage to get really cheap car insurance.
Keep these things in mind as you’re comparing different quotes and you should be able to get the best rates. To save you time and make it very convenient, you can use our service to get multiple quotes.
Start by putting your zip code in the box to begin the process of finding the best online car insurance quote right now.

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Compare Car Insurance Prices

Compare Car Insurance Prices
It is crucial that you compare car insurance prices, especially if you want to get the lowest ones possible. Doing this is especially important for younger drivers who are going to have to pay a higher premium right off the bat. Or when you move, simply by changing the zip code your premium could go up as much 50% with the same company, so it makes sense to shop around with multiple carriers.
The internet is an excellent resource when you want to compare car insurance rates. Take a look at all of the different companies that are out there and see what you have to choose from. By learning as much as you can about this, you will essentially be enabling yourself to get the best online car insurance quote possible for your own policy.
Because most companies who provide car insurance have rates available on their website, it is easier than ever to check out what different businesses are offering in terms of prices. You will want to be prepared however to make some calls to inquire as to some of the different quotes and rates for various companies. Not all of them make information readily available, and this is a sign that you probably don’t want to get involved with them. The auto insurance company you choose should be one which readily provides information to the general public. Fortunately you can do that with a click of a button.
When you go to compare car insurance prices, make sure that you are taking into consideration all of the different features you want on your plan. This is one car insurance comparison mistake most people make when browsing through different companies online. You have to look at what each company offers, and then decide accordingly. Remember that price is important, but it’s not everything. You need to be well-protected with your plan, and in order to do that you must look thoroughly through what they offer on their website.
You should also remember that there are multiple ways to get the price you are looking at down for any given auto insurance company. There are special considerations which are made for certain people in special circumstances, such as those who must commute to work each day. You will want to take full advantage of these things to get the best price possible, because the last thing you want to do is end up paying more than you have to for your car insurance.
By comparing auto insurance quotes on multiple websites, you can get a quick and effective insight into what these companies charge and also the coverage plans they offer. When the state’s bar minimum just isn’t enough, you will want to get the best possible deal on the insurance you buy. Comparing insurance rates from different companies is being a smart consumer and will allow you to get a better deal than others on something that matters quite a bit in your every day life.
Paying more than you have to for your car insurance drains your bank account each month, so you will want to be certain that you have reviewed all of the possible choices online before making a final decision. Thus taking the time to compare car insurance prices will end up giving you the peace of mind of having the protection you need at a price you will be able to afford.

Hawaii Car Insurance

Aloha – even on the islands of Hawaii there are minimum insurance requirements if you want to be able to drive legally within the state limits, keep them in mind when looking for Hawaii car insurance. Hawaii requires that all of its drivers have a personal injury/death liability on their car insurance in the amount of $20,000 ($40,000 per accident), and a $10,000 limit on property damage. This is one of the states in the U.S which goes by a no-fault system, wherein those who are involved in a collision are not blamed and the insurance companies for each driver take responsibility for the financial aspect of the accident.
Despite whether or not you were to blame when it comes to the accident, your insurance company will take care of any expenses you incur as a result. This includes damage to your car or personal injuries sustained which lead to medical bills. Hawaii’s no-fault insurance policy only covers “reasonable” medical expenses for injuries that have been caused by the accident you were in.
While it may not be required for drivers in Hawaii, getting covered against uninsured drivers is something you may want to consider. When you are choosing the perfect auto insurance policy for you, it is critical that you consider all of the people driving on the road who do not have insurance of any kind. Hundreds of people each day are part of hit-and-runs that are the result of an uninsured driver. You would be wise to seek this type of coverage so you aren’t left holding the bag on all of the medical expenses as well as those for the damage done to your vehicle.
Any driver in this state will want to get cheap Hawaii car insurance that they can afford while at the same time be covered fully by. There are a lot of ways to get more bang for your buck when it comes to car insurance, and one way is to opt for a yearly policy. Although you are locked into a certain rate for a full year before it changes, you will pay a much lower price than if you stick with a 6 month policy like so many other people do.
The rate you get also depends of course on the carriers you look at. Make sure to gather enough information to where you are completely educated on the subject. Car insurance is not something that you want to rush into, because by doing that you could end up paying more than you have to. Since there are so many companies out there that can offer you auto insurance, you need to consider each one carefully. So compare different carriers who offer Hawaii car insurance, with an online car insurance quote, and look not only at the rates they charge, but also the coverage being offered as well – Mahalo!