Hi All,
This is my first question in this forum so please excuse me if this is not correct place to ask such questions. For myself and my brother I got a bunch of old LIC policies and wanted to have a relook at all of them to know which ones to continue, which ones to convert to paid up and which ones to surrender. I have given details below. Please enlighten me with expert views on this. I tried doing it myselt but wanted to take others views as well before taking finally call.
Plan/Term Sum Assured Premium DOC Plan Name
My Plans
178/20 1000000 32,993.00 28/03/2006 Bima Gold
149/22 100000 4,903.00 28/03/2006 Jeevan Anand
149/21 100000 5,185.00 28/03/2006 Jeevan Anand
14/30 125000 3810.00 28/05/2001 Endowment Assurance Policy
My Brothers Policies
178/20 100000 3490.00 28/03/2006 Bima Gold
165/16 12010.00 28/03/2010 Jeevan Saral
801/8 100000 N/A 26/04/2010 LIC Wealth Plus-SP
30000.00 03/10/2010 ICICI Pru Lifetime Premier RP
After going through this forum I had to look at this as I dont have any pure term plans above.
Thanks all
Pradeep