Low Risk Endowment Investment A significant proportion of the value of traded endowment policies is locked-in through the guarantees attached to the sum assured and attaching bonuses, making traded endowment policies a more secure investment than many others, including equities and property, which provide no guarantees at all.
	Smoothing Conventional with-profits traded endowment policies are subject to a process known as "smoothing". At the end of each year annual or reversionary bonuses are declared and, on the maturity of policies, terminal bonuses may be declared. Actuaries adjust levels of bonus to take account of fluctuating investment returns and movements in asset share. However, in determining bonuses, investment income may be reserved during good economic times in order to maintain bonus declaration levels during times of weaker investment earnings. This actuarial process is known as smoothing. The result for endowment policyholders is that maturity payouts more closely mirror the returns achieved on the underlying pool of endowment investments, over the life of the policy, despite potentially wide short term fluctuations in investment conditions.
	lnflation resistant The life offices' investment exposure to equities and commercial property compensates investors for the effects of inflation.
	Flexibility Traded Endowment Policies with varying maturity periods can be selected to suit individual requirements. If you have specific requirements, contact EndowmentTrade who will endeavour to find suitable policies from their large inventory. Fill in the Investment Enquiry Form and we will seek the best available match.
	Access to fund management expertise Investors are benefiting from on Life Office expertise accumulated over many years.
	Competitive Returns on Endowment Investment Because the start up costs involved in a 'With Profits' policy have already been borne by the original policyholder, policies can sometimes be acquired at a discount to the underlying asset value, enhancing the overall rate of return for the investor.
	Liquidity EndowmentTrade will help you to sell your endowment policy to a new investor at any time using our extensive international investor base in the traded endowment market.

Traded Endowment Policies have a basic sum assured at inception, to which are added annual or reversionary bonuses. These bonuses, once declared, cannot be taken away. The sum assured and bonuses declared constitute the locked-in or guaranteed value. Finally on maturity, a further bonus known as a 'Terminal Bonus' may be declared. The maturity proceeds is the sum of all accrued bonuses, including any terminal bonus, and the basic sum assured.

The guaranteed locked-in value is one of the main reasons for the continuing high demand for conventional 'With Profits' endowment policies. The 'With Profits' funds of life companies are typically invested in a broad mix of UK and overseas equities, gilt-edged and other fixed interest securities, and in commercial property.

The amount at maturity will depend upon total bonuses paid by the Life Office over the remainder of the policy's term and it is important to realise that bonus rates can go down as well as up. Future bonus rates will depend upon investment performance of the with profits fund. For every traded endowment policy we provide a sensitivity table to show the effect of changes in bonus rates on the eventual return on that particular endowment policy.

EndowmentTrade offers a wide range of traded endowment policies from all the leading UK life companies. New policies regularly added to our stock weekly.

1.	Simply contact us or email EndowmentTrade or fill in the Investment Enquiry to discuss the types of endowment policy you are looking for. We will provide you with the latest full list of available traded endowment policies.
2.	Make your decision and confirm to EndowmentTrade your intention to purchase.
3.	EndowmentTrade will issue a purchase contract note confirming the transaction.
4.	Complete our application form and send a cheque to our law society regulated solicitors.
On receipt of your completed application form and payment:
5.	Our solicitors will complete the paperwork to legally assign the policy to you. The price you pay includes all costs including assigning legal transfer.
6.	The policy document and your title deeds, together with instructions for payment of future premiums, if applicable, are sent to you by recorded delivery.