I have 2 Life Insurance, Sum. A: 100k, SV: 20k, Premium 60/mth & Sum. A: 60k, SV:20k, Premium 40/mth.Graduating in 2 years time, uni debt 23k. Should I surrender one life policy to pay for the university fees? Or should I pay with lump sum cash. ?

1) work out the IRR for these few years before maturity/ IRR during these few years

2) if irr less than 2.5%, likely can surrender or sell the plan

3) if irr more than 2.5%, consider using cpf to pay your fees instead if possible.

4) consider withdrawing revisionary bonus

5) consider policy loan

6) consider policy overdraft

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I'll not be able to advise further until I manage to see your policy and work out the numbers rationally. If you wish to do it please kindly pm me.

Hi Anon, how many more years to maturity on your policy? Not enough details to comment yet