POSTED BY June 25, 2014 5:55 pm ONE COMMENT
ONHi Team,
I am currently investing in an LIC policy, i am ready to take moderate risk,
Please explain should i continue the policy mentioned below, if i need to surrender, what will be the amount i am getting at the end of 5th year, how much loss will happen ?
Policy Details currently holding
Policy No: 766312837,
R. Manoj Prathakar
Commencement Date: 19/03/2010 @ Age: 22,
Sum Assured (Rs.) :1000000
Plan: money back policy 20years T.No 75
policy Temr 20 years
Premium : 5362 payable monthly
Kindly help me to find a solution to invest and get resonable returns after 15 years.
Thanks and Regards
Manoj. R
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Hi Manoj,
this article would clear your queries:
http://licinsurancereview.blogspot.in/2013/03/how-to-calculate-surrender-value-of-lic.html