Worth waiting for terminal bonuses?

DrJon

I have two with profits endowments that are maturing in the next couple of years.

Standard Life:
Matures: April 2010
Monthly premium: 72.20
Death benefit: 40,000
Surrender value: 27,156
Projected value at maturity: 28,700@3.75%, 29,400@5.5%, 30,100@7.25%

Phoenix (ex Sun Alliance):
Matures: January 2011
Monthly premium: 28.67
Death benefit: 15,000
Surrender value: 8,820
Projected value at maturity: 9,310@3.75%, 9,540@4.5%, 9,800@5.25%

I'm sure my best bet is to cash these in and reduce my mortgage (tracker rate at base + 1.19%) as the extra amount forecast barely covers the costs of premiums. The only thing that holds me back is the thought that I could be missing out on a terminal bonus. My reading of the forums is that neither of these policies is likely to have anything very significant in the way of terminal bonus - am I wrong?