Life insurances are mostly designed for long term, some of the policies can have refund but some are not, depends on which policy you purchase. For example term life insurance has no cash value, it is designed solely for life protection, upon the maturity the buyer receives no refund, and all th
Talk to the insurance company that you have taken out the endowment first.
It may not be a good idea to sell if the policy has been running for some time!!
If you cash it in you are crystallising your losses.
By leaving it where it is you are taking a risk that shares will fall further, but in a timescale of three years I think you will find that you will get a better return (based on the current value) by leaving it in shares than by putting it i