There are many reasons you may be considering endowment policy. It may be that you are selling your or that you want to repay your mortgage or have another major purchase you need to make and your endowment is the only major source of funds that you have at your disposal.
Endowment policies are taken out as a form of insurance and investment policy that you pay into with monthly premiums. This policy grows over time and the idea is that by the time it matures the value will be enough to cover the cost to repay your mortgage.
On of the major factors in people surrendering their endowments are that fail to reach value that was predicted when the endowment was taken out. As many endowments are based on the financial markets if the markets do not perform as expected or even fall then the value of many endowment policies also fall.
There is a secondary market where policies are bought and sold, this means that if you are considering cashing in your endowment then you can get a higher price for it rather than surrendering directly to the company you originally got your policy from.
If you use one of the many online forms to search for a buyer you could get up to a third more in value for your endowment policy. You just need to provide some details about your policy, you will then be provided with a quote for which you can choose to accept or refuse. If you accept the offer you will sell your policy to that buyer and receive a cheque for that value.