Dear Manish,
I am not aware of jagoinevster until a couple of days back. I really appreciate your work and curse my self not knowing about this site before.
I am feeling very shy and guilt to write to you that I dont know the difference about term policy, endowment policy and ulips….infact nobody explained me this till now.
I just got to know regarding the term policy after going through your blog.
Anyway better late than never, I am having 2 jeevan anand policies(i dont know both were same until i found couple of days back). My first policy was made in 2003 with premium of RS4030/- quarterly payment. It was lapsed due to non payment of premium last year due to my preoccupations. second policy was made in 2006 with premium of Rs36280/- yearly payment. it was still in force.
After going throughh your blog I decided to surrender these policies and take term policy.
Please guide me the surrendering procedure of these policies and also suggest me some good term policies.
Thanks in advance.
Regards
Prakash.