Jermyn Wee

15 Jan 2021

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I’m servicing endowment plan today for 100 dollars a month. It will mature in 15 years. Should I give up my endowment plan which my parents bought for me?

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Rebecca Qin

15 Jan 2021

Depends on how long you have paid for, what is the surrender value. How much loss you will suffer if you give up. Indeed there are some endowment plans with higher return and relatively low risk. You can compare those plans with your current one, and then decide.

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Jermyn Wee

07 Jun 2019

Thnks for your reply Gabriel.

I think its because the interest they give is really quite bad. ANd i still have 15 years to pay for this plan. If i give it up i can use that to invest somehwere and get beter returns.

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Chua Jovantre

29 Mar 2019

Does your policy have a yearly cash back feature which you are entitled to take out? If so, you can ...

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