facebookDoes anyone here actually do trading in resale endowment and life policies? Could you explain what it is about? - Seedly

Anonymous

23 Nov 2020

Insurance

Does anyone here actually do trading in resale endowment and life policies? Could you explain what it is about?

Recently came across these terms above but not sure what it means.

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PolicyWoke

23 Nov 2020

Turbo-charge Your Savings with REPs at PolicyWoke

Hi Anonymous,

Trading of resale insurance policies is the process of buying-over insurance policies from those who had to give up theirs, and then resell them as short-term, high-interest savings plans.

Budgetpantry has written a review with details on how the process works:

https://www.budgetpantry.com/policywoke-review/

Hope this helps you understand better.

Disclaimer: PolicyWoke is a resale insurance policies broker.

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