It is an investment policy with rules that can limit when or how much money you can withdraw. Restrictions can arise because of the policy terms or because withdrawals, loans or certain premium changes have already taken place.

Some policies limit further withdrawals during a restriction period. The exact rules depend on the policy. If you send us your latest statement, we can assess whether your policy may be one that Policy Trader can purchase.

No. Policy Trader does not provide cash loans. If your policy qualifies, we make an offer to purchase it.

Send us a recent policy statement. We assess each policy individually and will tell you whether we may be able to make an offer.

No. If your policy qualifies, you can review the offer and decide whether selling the policy is right for you.

After confirmation of the transferring of ownership payment can be made via EFT within 48 hours.

A policy may still qualify. Where applicable, the offer is calculated after taking account of policy loans or premium debts, which can be settled with the relevant institution as part of the transaction.

This does not necessarily stop the process. Where required, you may be asked to complete a Lost Policy Affidavit so that a replacement can be issued.

We do not purchase retirement or living annuities; pension, provident or preservation fund policies; pure life cover; medical or disability policies; funeral policies; or policies that have already matured.

Tax depends on your circumstances and the applicable legislation. Policy Trader does not provide personal tax advice, so please speak to a qualified tax adviser if you are unsure.

Yes. Policy Trader works with financial advisers and brokerages. If you were referred by an adviser, we respect that relationship and work within the agreed process.

Yes. Policy Trader is a division of Yield Capital specialising in liquidity solutions for qualifying restricted endowment policies and other qualifying assets.