POSTED BY September 8, 2011 12:36 am COMMENTS (3)ON
I have been investing in the Jeevan Anand Policy of LIC since October 2008. I already have paid 3 premiums and the 4th premium is due next month. My annual premium for this policy is Rs. 20,222/- for a sum assured of 4 Lacs.
I do not wish to continue with this policy and I am a bit confused whether to surrender the policy or turn it into a paid up policy.
Please share, what will be the best way out? Also, please share the procedure of surrendering the policy and turning it into a paid up policy.
Thanking all of you in advance. 🙂