Step 1: SG#1 Highest Quotation –
FREE
Contact us now for a free valuation.
No obligation and commitment required.
Step 2: Set a Date to Transfer –
FREE
Upon agreement, we will meet at respective insurers’ customer service centre for the policy transfer process.
Whole Process takes only 15 minutes.
Step 3: Payment On the Spot – IMMEDIATE
Upon signing and completion of documents, PolicyMAX will pay cash cheque on the spot.
SG#1 Highest Value
Sell us your policy for higher cash value, at PolicyMax we pay you much more than surrendering your policies.
Immediate Payment
At your convenience, PolicyMax pays you cash cheque on the spot upon confirming of the selling us the policies.
Hassle-Free Application
With strong documentation support, the whole process takes only 30 minutes.
SG#1 Trusted Partner
PolicyMax’s has been the people’s choice when it comes to selling your policies to us. Over years, we have helped many individuals to overcome their difficulties.
SG#1 Dedicated Teams
We have a strong teams with more than 5 years of experience in the financial industry. Done over 50 policy valuations daily.
Code of Conduct
Our team works within a written honour code, guaranteeing our clients will always be treated with respect and honesty. Our goal is to create long lasting, enjoyable relationships with our clients.
Free Valuation Request Form
Please enter the required policy information below for a free, no obligation quote.
The details can be obtained by phone from the respective insurer customer service.
There are currently no MAS administered regulations which govern the sale, purchase and distribution of traded or resale endowment or whole life insurance policies.
Yes, the policy can be sold. It will be done through a process called Absolute Assignment which is the transfer of ownership from yourself to our company. The forms are provided by the respective insurers, and the whole process will be done over their customer service centre and witness by them. And we will pay you cash cheque on the spot upon signing.
Yes, the ownership of the insurance policy is transferable via Absolute Assignment. It is a legal transfer of the ownership (all rights, benefits, and liabilities) of a policy completely from one person to another.
Assignment of a life insurance policy means transfer of rights from one person to another. You can transfer the rights on your life insurance policy to another person/entity for various reasons. This process is referred to as Assignment and is governed under Policies of Assurance Act (Chapter 392). The person who assigns the insurance policy is called the Assignor (policy owner) and the one to whom the policy has been assigned, i.e. the person to whom the policy rights have been transferred is called the Assignee.
Only the policy owner of the life insurance policy can assign the policy.
PolicyMAX will pay in Cash Cheque upon signing and submission of the documents