If got Whole Life with profit from prudential surrdener value $38k premium so far $18k, protection is 20k. should just surrender?

This kind of situation is quite common, and I wouldn’t rush to decide based on surrender value alone.

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There are actually 3 separate things happening here that are worth looking at properly:

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1. What role is this plan currently playing? Is it meant for protection, savings, or long-term accumulation?

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2. The coverage vs what you actually need today $20k protection is quite low, so the question is whether this plan is still relevant for your current stage of life.

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3. What happens if you surrender Not just the $38k vs $18k, but what you would do with the funds after, and whether your overall structure improves or becomes more exposed.

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Sometimes the better move isn’t just “keep or surrender”, but restructuring things so everything works better together.

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If you haven’t already, it may help to step back and look at how this plan fits into your overall setup before making a decision.

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Also, We have to confirm if the exact life benefit is 20k or 20k + the bonus, the framing of its purpose might differ. Happy to walk through how to assess this properly if you need another perspective.

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Assuming the policy details as you've laid out,

Surrender value is 38k

premiums paid 18k

Sum assured 20k.

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For the surrender value to be so much higher than the premium paid, the premium term ought to have been fully paid up for quite some time and the policy value has been growing. In the event you claim from the policy, it ought to pay out the full policy value, i.e the 38k. Suggest you review the policy with your financial advisor. Does the policy cover CI or just death and total permanent disability?

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the most important question is whether you still have outstanding liabilities that need coverage if you were to pass on and what that protection gap is. If theres still a gap you could consider cashing out the policy and using the cash value to purchase a higher coverage to bridge that gap. This way you leverage the cash value of your existing plan for higher coverage.

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However if you dont have any existing liabilities that need coverage then the other reason you may want to cash out is to grow the cash value at a faster rate than your current whole life plan while ensuring a minimum death benefit of the premiums paid.