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Thread: LIC - JEEVAN ANAND : How much amount I will get after surrendered the policy?

  1. #1
    PolicyWala Newbie
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    Default LIC - JEEVAN ANAND : How much amount I will get after surrendered the policy?

    I have bought LIC - JEEVAN ANAND Policy in 2009. I have already paid three premiums of 15000/ year for sum assured 3,00,000 for 20 years. Now I am looking to buy term insurance - Aviva I-life Term plan or Aegon Term Plan. So I would like to surrender my LIC policy. How much amount I will get after surrendered the policy?




  2. #2
    PW Fan
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  3. #3
    PW Stalwart Manish_Kumar's Avatar
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    Default

    Quote Originally Posted by Ansh View Post
    I have bought LIC - JEEVAN ANAND Policy in 2009. I have already paid three premiums of 15000/ year for sum assured 3,00,000 for 20 years. Now I am looking to buy term insurance - Aviva I-life Term plan or Aegon Term Plan. So I would like to surrender my LIC policy. How much amount I will get after surrendered the policy?
    Though surrender feature is available on most of the L.I.C. plans, it is not recommended to surrender a policy unless there is genuine need to do so, because surrendering is not a favorable proposition for a policyholder.
    Everyone has a scheme of getting rich.. Which never works.


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