To sell an Axa Equity and Law  endowment policy use the flashing button at the top of this page.

Sell Axa Equity and Law

(04/01/2005) With Profits Update

AXA has announced reversionary bonuses on former AXA Equity & Law conventional life ( this includes endowment policies) and its pensions business, which accounts for just 3% of AXA’s with profits policies, to take effect from January 2005.

However, AXA’s annual bonus declaration, which affects the remaining 97% of its with profits policies, and includes regular and terminal bonus rates, takes place in March 2005

Regular bonus rates on former AXA Equity & Law business for the year 2004 are 1% (and they were 2% in 2003).

Asked to commenting on the announcement, Peter Shelley, their Chief Actuary, said: "We have once again added bonuses to our conventional with profits life and pensions policies".

"Long term returns on maturing policies remain good. Customers with 25-year conventional life policies maturing now have seen an average return of 8% p.a. while those with 25-year pensions policies have seen an average return of over 11% p.a."

 

Selling endowment

Selling endowment to one of only six endowment policy traders that are  members of the Association of Policy Market Makers, can be achieved by using the "sell endowment" link at the top of the page, or by clicking here

The information on this web site is intended as "information only" and should not be taken as "advice".

If you are unsure about what to do, if anything, about your endowment policy, you should consider taking advice from an independent financial adviser who is regulated by the Financial Services Authority