POSTED BY December 12, 2011 10:48 am ONE COMMENT
ONi have an lic jeevan surbhi policy for SA 50000 started in 2006.annual premium is rs4575.policy term is 20yrs,premium payment term is 15yrs.now i want to surrender the policy.does anybody have an idea how much amount will i get on surrendering. thanks
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Dear Sonali, as the policy is already 5Y old, it indicates that you have already received your first money back in 2010. Please contact local LIC office for exact surrender amount. In general you ‘ll not get more than 60-70% of the total prem. paid till date excluding 1st year prem. . The surrender amount ‘ll also be adjusted for money back already paid to you.
Thanks
Ashal