Hi
I have Jeevan Anand Policy with SA Rs.5 Lacs with yearly premium of Rs. 25319/- I have paid 4 premiums & my 5th premium is due this month.
I was planning NOT to pay this premium & make the policy paid up. However my agent told me to pay the 5th premium so that my bonus will be added to my paid up value.
Is this a fact?
Also if I Surrender the policy after paying 5th premium will it be beneficial for me? What will be the surrender value that I will get?