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Loh Tat Tian
02 Oct 2020
Founder at PolicyWoke (We Buy Insurance Policies)
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Tan Yu Ji
10 Aug 2020
Economics at Nanyang Technological University
A partial surrender of bonus from a policy will not affect your main policy, but a partial surrender of your policy will affect projected returns or even maturity value!
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It depends on what do you mean by partial surrender of bonus.
Any partial surrender will affect the projected final maturity.
Partial surrender of Reversionary bonus Affects terminal bonus and total projected amount, because you forgo your terminal bonus.
Partial surrender of Policy sum assured affects the total projected amount, but you get to keep the terminal bonus (which is based off the Reversionary bonus). So this is slightly better.
Read carefully what you are surrendering.