A
atlantic105
Guest
I have a 4yr old BOI SmartChoice plan, am currently lodging €243 per month into this account. I've paid a total of €10,344 into the accountover the last 4 yrs. However, I got my statement last week, & the my current policy value is €8,327 (Surrender value would be €7733)
I'm completely confused as to what to do? If I continue my contributions (as adviced by Bank's Financial Advisor) - will I recoup my losses, or am I just using more good money to chase bad money?
If I surrender the policy I would be taking a €2,600 loss - Would I be better to cut my losses, rather than risk further reductions over the next year?
I'm completely confused as to what to do? If I continue my contributions (as adviced by Bank's Financial Advisor) - will I recoup my losses, or am I just using more good money to chase bad money?
If I surrender the policy I would be taking a €2,600 loss - Would I be better to cut my losses, rather than risk further reductions over the next year?