Hello, actually it is not advisable to comment on whether you should surrender the plan; especially if we are licensed representative. This is to prevent another agent/adviser to missell you another product. However we can highlight the important factors for you to decide. 1. every endowment plan is different & there are many types. So the best way to look at it, with its benefits illustration & wordings 2. in endowment plan, there is guaranteed & non-guranteed portion. For some plans, they do have higher guaranteed amount while the rest with lesser guaranteed amount. So if you have higher guaranteed, it is likely that your non-guaranteed is lower, it goes the same for the other way. 3. so when you purchase a saving plan, it is best to highlight what is your expectation? for example: are you looking for capital guaranteed? flexiblility to withdraw? 4. Does your current plan fulfill point 3? Point 3 should used in any finanical planning at all times. Additionally, if you bought your plan based under the impression that it will give you the return of the projected figure 4.75%, you may approach the bank to confront on this plan or raise a case with MAS and FIDREC. If it is proven that there's a breach, they will return you the money, or accord you the claimed returns. In my personal opinion, I do not calculate 100% of the non guaranteed amount as there is incident (in the past) that bonus is not being paid. Therefore, I do kinda of agree of the calculation found, https://blog.seedly.sg/guide-basics-endowment-plan/ usually I will give a range as we should never guaranteed the non guaranteed amount. As for ILP, it is an investment plan however it does not invest into unit trust directly (common misunderstanding) . The correct defination - ILP is invested into sub-funds which may feed different assets (fund trust, etf through a fund house). This is documented under Product Highlights Sheet. The attached images are how a Product Highlights Sheet may look like. ! ! ILP has its own advantages & disadvantages however it does not suit everyone. If you are solely interested in investing assets such as unit trust, you may open an investment account to direct invest into it. In the meantime, if you have any question(s), you may drop me a message via facebook. Wish you all the best.