Check my policyHome / Surrender guides / Investment-linked policy
Surrendering an investment-linked policy sells your units at the next price the insurer sets, then takes off any surrender charge and amounts owed. Because the value moves with the funds, what you get depends on the day it is processed.
Sources last checked 14 October 2026
Many ILPs charge for leaving in the early years, on a schedule that falls over time. Your policy shows it.
Units are sold at the price on the processing day, so a falling market lowers what you get. Nobody can time this reliably.
ILPs often include life cover and riders. They end with the policy.
A partial withdrawal, a switch to a lower-risk fund or a premium holiday may suit you better. Partial surrender · Premium holidays
From each insurer's own pages, checked 14 October 2026.
| Insurer | What it publishes | Our guide |
|---|---|---|
| Singlife | A separate surrender form for investment-linked plans | Guide |
| HSBC Life | A full surrender form for investment-linked plans in its forms library | Guide |
| Income Insurance | Some ILP withdrawals can be made through me@income | Guide |
| FWD | ILPs carry surrender charges and market-dependent values; ILPs have their own form | Guide |
| Great Eastern | Market adjustments apply to investment-linked policies, for example on free-look cancellation | Guide |
We don't buy investment-linked plans at present, and few buyers do, because their value moves with the market. For an ILP, your insurer's surrender or withdrawal route is usually the way to get cash.
If you also hold an endowment or whole life policy, that one may be worth checking. Policies we buy
The value of your units on the processing day, less any surrender charge, loan or charges owed. Ask your insurer for today's figure and the charge schedule.
Many ILPs have a surrender charge in the early policy years. It usually falls to nothing over time.
Usually, subject to a minimum remaining value. The policy continues with fewer units.
It depends on the insurer and the fund dealing day. How long surrender takes
Check whether we would buy that one. No NRIC, no obligation.