What we do
PolicyWoke is a resale insurance policies broker that cares about your finances. We help you encash your insurance policies by selling to us at up to 10% above surrender value, if you are in financial stress including but not limited to:
Loss / reduction of job income
Credit card debt
If you are not in financial stress but are planning to sell your insurance policies to us, we will help calculate and then inform you the projected IRR (internal rate of return) of each insurance policy. You will still get to decide if you want to sell your insurance policies to us.
For each insurance policy sold to us, PolicyWoke will re-sell them as short-term, high-interest savings plans. These policies will be re-sold to individuals who can take over and service the remaining premium, and earn higher interest than most banks' savings accounts.