POSTED BY February 20, 2014 7:07 pm ONE COMMENT
ONHello,
I have taken jeevan saral in 2011 with annual premium of Rs. 45000. I have paid twice and third premium is due but I do not want to continue this policy.
Would I all the money (Rs. 90,000)I have paid till date or is there any other way I can save this by paying one more time and surrender after completion of 5 years etc.
Please advise.
Thanks,
Lovekesh
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Dear Lovekesh, you ‘ll not get any money as of now after paying just 2 prem. Even after paying 3rd prem. you ‘ll be in loss as the surrender value ‘ll be 30% of the 2nd + 3rd Prem.
It’s in your own interest to book the loss of 90000 Rs. and forget the policy now.
Thanks
Ashal