I am having one policy with Max life Insurance and paid 4 years for Approx. 53,000/-and this policy’s Maturity date would fall on December-14.
Now I have contacted to Max Life Insurance to give me details that how much would be the maturity amount VS Surrender Amount. They are not giving any correct reply only they are saying that at present I would get Approx. 41,000/- as a surrender value.
What are the IRDA rule in this regard.
Any body help me out.
Thanks & Regards
M.Razi Haider