Cash in endowment or sit it out?

[Catz]

My endowment policy is due to mature in Oct 2021. Since March it’s value has dropped by 5%.

I know no-one has a crystal ball but I’m just wondering whether to cash it in now or leave it in the hope it recovers? My mortgage is paid off so it’s not needed for that.

Any thoughts?
Thanks.

[greygoose]

Check to see if it has a terminal bonus as that can boost the value a fair bit.

[Sarnie]

greygoose said:

Check to see if it has a terminal bonus as that can boost the value a fair bit.

^This....