Hi ,
I have a Jeevan Saral policy for which I am paying Rs.46,452.00 per year. i paid my 5th installment on 11.02.14.
1) Please tell me the best time to surrender it. Now or after 31st Mar 2014 or in January 2015 before the next due date of 11.02.2015. ( what is special surrender value, is this including any LA or Loyalty Bonus)
2) As if today my surrender value informed over the phone to me by LIC is 173001.00 ( what a joke!!!) I am in no mood to continue.
3) is it possible to continue it without paying any premium and surrender it any time.
Please advise and answer all my question as my next step will be based on your reply.
Regards
Sandeep