Resale endowment policy is not something new.
However, in the realm of wealth building, it may be less talked about. And therefore, a lot of investors may not be aware about it.
The concept from what Endowments have died down. In their place, there are some brokers who started dealing with Endowments that can be traded in Singapore.
One of them is REPS Holdings.
In this article, I will do a deep dive on the resale insurance endowment business. The value proposition to you as a potential investor. The risks involved as well.
How are Insurance Endowments “Traded” or “Resold”?Absolute assignment is a process where a current owner of a policy (we call this the assignor) can legally transfer the rights and benefits of a policy to a new policy owner (we call this the assignee).
For each insurance company, they have their own assignment form that the assignor
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