POSTED BY October 30, 2013 10:47 am COMMENTS (3)ON
I have a LIC pension plus (T No 803) commencement on 24-Sep-2010. I am paying quarterly premium of Rs.12,000.00/-. Till now I have paid Rs.1,56,000.00/-.
Now I want to complete withdrawal of my above policy. At looking at the 5 years lock-in clause of the policy now I have 2 options. First, pay my premiums for next 2 years. Second, do not pay any more premiums. How LIC will calculate my fund value in both the scenarios? Which will be good?
Please help as from policy documents I am not able understand and conclude the same.