I've bought an 15 year endowment a few months ago with a huge annual premium ~10k. I've come to regret it as shorter periods endowments have higher returns. What are my options?

Hi Anonymous,

Thanks Jesslyn for recommending us. Since the policy is less than a year since inception, there may be an option to reduce the sum assured to reduce the annual premium payable. But you must first seek advice from your financial advisor if it is suitable for you to do so, or if there are other options.

Disclaimer: PolicyWoke is a 2nd-hand endowment policies broker

Yes glad you realised, still not too late. You can sell your policy to a company which deals with traded endowment policy like Policywoke. Very high opportunity cost here due to the high commitment and long duration. Better to cut loss and invest elsewhere. E.g. through a robo advisor or opening your own brokerage account to diy