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Should I surrender LIC Jeevan Surabhi and then Invest in PPF ?

Hi,

I have a money back policy from LIC, paid 4 premiums (yearly 32161) so far and the policy tenure is 15 yrs and the premium tenure is 12 yrs out of which 4 is already done.

Now I am considering to surrender this policy and invest this on PPF for my kid education.

Is that a good decision or should i continue the policy.?

Regards,

Krishna

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