Life insurance query.

POSTED BY pareshmchheda ON June 18, 2012 11:53 am ONE COMMENT

Dear all,
I have a LIC jeevan shree policy ( table : 112 ) .
DOC : 21/12/2001.
SA- Rs. 10,00,000.
Premium – Rs. 53454 p.a.
Policy term – 25 yrs ( Premium paying term – 16 yrs ).
I would like to know approximate amt that i will get in maturity ( ie, after 25 yrs ).
Should i continue this policy or not ?
I had paid till now 11 premiums.
Regards,
Paresh.

One reply on this article “Life insurance query.”

  1. Dear Paresh, Please continue with this policy for the remaining 5 prem. The reason is – this policy is offering Gtd. bonus of 75 Rs. per year 1000 sum assured i.e. 75000 Rs. per year for you. In the event of surrendering now & considering the fact that remaining time on hand is less to recover the loss, it’s advisable to continue.

    Thanks

    Ashal

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

You are subscribed for FREE Course now, Check your Email

CONGRATULATIONS

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

You are subscribed for FREE Course now, Check your Email

CONGRATULATIONS