Are traded endowment policies a good investment?

Not at all good option. recently purchased manulife resale which was sold basis revised illustrations and this month manulife drastically reduced projected illustrations for the policy. u can even lose your principal amount if the non guaranteed portion is reduced further. so pls be careful and don't fall for illustrations

Thanks Hariz for introducing PolicyWoke.

Traded endowment policies are short-term, high-interest savings plan that were given up by previous policyholder. For us, the policies we bought-over are from those who are in financial stress such as but not limited to:

• Loss / reduction of job income

• Credit card debt

• Mortgage debt

• Divorce settlement

The catch is that, the buyer has to figure out which one to buy that fits his/her savings goals. When choosing which one to buy, he/she has to mainly look at:

• Maturity date

• Total funds input

• Projected IRR

• Projected maturity value

To learn more, you may check out our website and Telegram channel. Thank you.