Closing of LIC`s Jeevan Anand policy after taking 1 crore term plan ?

POSTED BY Mahanand ON October 4, 2014 9:33 am ONE COMMENT

Dear Sir/Madam,

This Mahanand from Belgaum, Karnataka,

I have taken a LIC`s Jeevan Anand policy in the year of 2009 for SA 1,00,000/- now i realized that this maturity amount is not enough for my family after my absence. So I have taken a term insurance policy from Aegon for 1 crore sum assured. Please let me know is it good to close LIC`s Jeevan Anand or shall I continue the policy? If I surrender now I will get only 26886/- (Total paid till date is 46,122/-)

One reply on this article “Closing of LIC`s Jeevan Anand policy after taking 1 crore term plan ?”

  1. Hemanth says:

    Better close it and stop losses.

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