What are the risks involved when come to buying traded endowment policies?

Hi Anonymous,

The risks involved in purchasing a traded endowment policy is similar to the risks involved in purchasing a brand new one. In addition, when engaging a resale broker to browse the traded policies list, check that the policies there exist and not some made-up numbers. For us, we attach a copy of the revised policy illustration on our website for each traded policy to prove its existence and are already bought-over by PolicyWoke .

Disclaimer: PolicyWoke is a traded endowment policies broker.

Hi Anon,

Money Sense did an article on this previously. You might find this useful, especially considering the fact that there is not much info around regarding this topic.

https://www.moneysense.gov.sg/articles/2018/10/...