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should we surrender our jeevan anand policy before paying our next premium? which one to keep amongst the two?

Hello sir,

need your expert opinion on which jeevan anand policy to discontinue at the earliest and the loss on surrendering-

husbands policy @ age 35 – jeevan anand- start date 23 november 2009- maturity date 23 november 2030, sum assured-15 lacs- premium-82,524

my (housewife) policy @age 30- jeevan anand- start date 26 november 2009- maturity date 26 november 2030, sum assured 10 lacs- premium- 51,510

 

i dont understand as to why the agent sold a policy to be taken on my name?? premium will be due for november 2012, please help me at the earliest. how much loss will be incurred while surrendering?

thanks and best regards

mrs. dmello

mumbai

 

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