How much will I get back when I close Jeevan anand policy after 3 yrs ?

POSTED BY chitra sahu ON February 20, 2014 1:01 pm ONE COMMENT

hi sir,

I have invested in lic jeevan anand policy in may 2013 for 30 yrs whose monthly premium is Rs 3904. I have paid my premium till date but now i want to withdraw it. after inquiring about this i came to know that i will get no money if i withdraw the policy right now.My agent told me that i can close policy after 1 yr bt now he is saying that i have to wait for at-least 3 yrs. Please suggest what to do ? And how much money i will get if i close the policy after 3 yrs.

One reply on this article “How much will I get back when I close Jeevan anand policy after 3 yrs ?”

  1. ashalanshu says:
    February 20, 2014 at 2:14 pm

    Dear Chitra, w’d you like to amputate a finger today or an arm tomorrow? if you opt to surrender after 3Y, you can not recover even the 3 prem. forget about earning any positive return. It’s in your interest to just book the loss now and forget this policy.

    Thanks

    Ashal

    Reply

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