POLICY CRITERIA

If your client’s policy meets the criteria in the Ready Reckoner (see below), then subject to confirmation of any prior increases or alterations Policy Exchange will issue a Contract for Sale and Checklist to enable an immediate payout of the Net Surrender Value.

Once we have purchased the policy we will obtain the information we need from the life insurance company to determine whether or not we are able to make an Additional Payment.

The Ready Reckoner does not guarantee that we will make an Additional Payment in each and every case. It is simply designed to weed out unsuitable policies at the outset.

Download Ready Reckoner

Please Note: It does not matter if there are any premium or loan debts owed against the policy. These will be cleared by Policy Exchange after we have paid out the net surrender value to the policyholder.