If it was purchased in 20 12, if it is surrendered in the first year, the cash value is stated in the policy, which is the surrender premium. Personally, I think it is a loss.
When taking out insurance, we are irrational. Whatever the reason, we can be said to be the responsibility of others, but we also have our own problems, and there is no doubt that any losses or consequences will be borne by ourselves. This is quite unpleasant!
I don't know your specific age and financial situation, and don't do any analysis. If there is not much pressure to pay, it should be compulsory savings and long-term financial management. Personally, I think this kind of insurance is ok, although it has almost no guarantee function.
Even if you surrender, it is not appropriate for an individual to surrender in the first year. Be sensible, open the insurance policy, calculate the annual cash value, plus a fixed return and dividends, and see how many years you will surrender in the future, which is closest to the original investment of the premium. Personally, I think it is better to minimize losses. Cash value and fixed return are definite and easy to calculate. As for dividends, it can be counted or not. In previous years, dividends were definitely not much.
Personal advice, for reference only. You can communicate with many parties if you have any questions. If necessary, you can also call the company's customer service number 955 1 1 for consultation and verification.
Good wishes!