LIC Jeevan Saral Policy Surrender after 3 yrs payment !

POSTED BY ritul ON October 28, 2013 5:40 pm ONE COMMENT


I took Jeevan saral policy of LIC in 2011 with yearly premium of 48040. I want to surrender it ,since I read lots of articles about LIC products on jagoinvestor. Since I have paid 3 installments, I think i should pay 2 more so that 100% surrender value is obtained.

Please suggest,if I’ll get all 240200  (48040*5) back or some addition/reduction.



One reply on this article “LIC Jeevan Saral Policy Surrender after 3 yrs payment !”

  1. ashalanshu says:

    Dear Ritul, I think you are confusing with MSA to your Surrender value. You ‘ll not get all the paid prem. amount. So better to surrender now. Please do not go with my words. Contact your LIC office and ask for surrender quote if you surrender now or in 2015 and see the difference yourself.



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