Hello Everyone,
I have a Jeevan Surabhi plan with SA : 3,30,000/-, Plan : 25 years (T.No. 108), Commencement date: 2010, Premium amount : 26,878/- yearly & Vested Bonus as on date = 33,000/-
I have so far paid 4 premiums till date (2010, 2011, 2012 & 2013) and have decided to make this one paid up as it is not in line with my financial goals (realized only after coming across this forum).
My question is : Should I continue the policy for one more year (pay the fifth premium) to become eligible for the first money back (20%) or will I get the 20% money back even if I make the policy paid-up now.
Kindly advise.
Thanks,
Srihari