The role of insurance is a financial tool to spread family risks. Since you only paid for one year, the initial cost of the first year will be relatively high, so now you can only refund the cash value, so the loss is relatively large. If you can't renew your insurance now, I suggest that you can choose not to pay the premium temporarily, and you can go to the insurance company for reinstatement within two years, but you can't enjoy the protection brought by the application form during the reinstatement period, and you can only enjoy it after reinstatement! -Miki Finance Club (banking, insurance, investment)
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.