Hi I have taken a money plus policy and want to surrender it now. How much amount i will get if i surrender it now. I have paid the premium for 5 years. find below the other details
Sum Assured - 3,00,000
Policy Term - 10
No of units - 17715.146

NAV - 12.489
Can any one please let me know how much amount i will get if i surrender the policy now. I heard that i will only get 2,20,000 only. I totally paid a premium of 40k per year(totally 2,00,000 until now). Kindly help me and also let me know how LIC calculates the surrender value?

Similar Threads: