Endowment surrender

maxb_2

I have two standard life policies as below;in june 2008 the expected values were as below!

1; £35.22 per month
Matures 15th June 2018
Plan at maturity might be worth; £14,500 at low rate; £17,000 at intermediate rate and £20,000 at high rate; Target amount is £22,500
This plan started in July 1997

2;£106.00 per month
Matures July 2012
Plan at maturity might be worth; £23,700 low rate; £25,900 intermediate rate; £28,200 high rate; Target amount is £25,500

Should we surrender or not-??

EdInvestor

Please post more info

Guaranteed sum assured
declared bonuses
surrender value

interest rate payable on mortgage

maxb_2

The surrender values are little more than the amount of money paid to date.

And the shortfall has increased on both

Stroof

Ditch the first one, keep the second one