Hi,
I am planning to surrender my Jeevan saral policy after paying two years of premium(24000/yr).
but my agent telling me to pay one more year premium .
also He said that “If I surrender after 3 year
I will get 80% return (around 66000) of all amount paid by me( 72000)” .
When I checked this on internet ,I found that return money after surrendering 3 yr old policy is 30%
I’ve contacted him, but he is still sticking to his point (80% return).
Could you please help me on this ? by confirming ,what is right ?
Waiting for yours feedback.
Thanks,
Laxman