I have a Whole life with profits , 2nd series insurance (Prudential), which has been in force since 1990. I am wondering whether I should just surrender the policy to benefit from the cash?

Well it is still an insurance policy with a death benefit as its selling factor. So only choose to withdraw from it when you really require the money. And when you do, you can still make a partial surrender instead of a full one to allow money in the policy to still grow. Lastly, you can convert the policy to a paid up policy and not pay premiums on it anymore if you desire.

That depends if you want to let the insurance companies use your money to earn more money or you prefer to sell and put the money elsewhere to earn high income or for your own use. You can even buy a million dollar death benefit policy if you’re concerned on the death benefit. Not an agent myself but I believe AIA has one such policy

This is so helpful 👍. I will just need to study the coverage again myself. Insurance agents are bafflingly unhelpful. My agent even commented that it's unusual for policy holders to track and inquire into policy coverage and benefits! Others have been blithely apathetic.

Thank You!