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Anonymous

27 May 2021

Insurance

Terminate endowment do we need go through our agent to do it or we can do it ourselves

Can we terminate endowment on our own?

Discussion (5)

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Kylie Ng Kai Li

27 May 2021

Senior Premier Consultant at AIA Insurance Pte Ltd

Yes, can call in the customer service to do that. But other than just talking to your Financial Consultant, talk to a few first before doing the decision, no harm getting a 2nd or 3rd opinion, or can sell to those companies that buy over endowment plans.

PolicyWoke

27 May 2021

Turbo-charge Your Savings with REPs at PolicyWoke

Hi Anonymous,

Yes, you can surrender your endowment policy on your own by contacting the insurer hotline. However, I strongly encourage you to speak with your servicing financial advisor before doing so, as there may be alternatives to surrendering it.

Disclaimer: PolicyWoke is a resale savings plans broker

Don't know what is your situation to want to terminate endowment, but please consider carefully your...

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