Policy Exchange NZ: cash out options for life policies Information

Policy Exchange was founded on a simple premise: that anyone wanting to access cash from their whole of life or endowment insurance policy – for whatever reason – should have more than one option. We established NZ's secondary insurance market to provide Kiwis with an alternative to surrendering to the insurance company. Nearly a quarter of a century later, thousands of satisfied policyowners have accessed cash from their policy via Policy Exchange's unique trading platform. Can you sell a life insurance policy? Yes - and by dealing through us a policyowner can tailor an outcome to match their specific needs. Working with financial advisers across New Zealand we offer innovative ways to release cash from a policy, based around common scenarios in which people want to access funds. Our online calculator gives an initial assessment for a policy and general terms on which it can be traded, in part or in full. As well as the full exit option, we offer partial cash out options, giving those in or near retirement several ways to decumulate assets. Our founder MD has 20+ years’ experience in New Zealand, and several years in the UK market. High levels of knowledge and expertise, plus our extensive network, means we can continually tailor our service to match the changing needs of policyholders. Policy operates independently of all life insurance companies. We’re a fully registered financial services provider (registration no. FSP 16342) and a member of FSCL, a complaints resolution service. For more about our cash out options, and how to use them to get the most out of a policy for your client, visit www.policyexchange.co.nz/cash-out-options