Hi everybody,
I bought LIC jeevan saral policy on 28-Nov-2010 and I’m 29 years old. The annual premium is Rs.18376 and the term is 15 years. After reading many articles about term vs. endowment policy, I’m planning to stop the policy by either surrender or paid up. But, I’m not sure of the minimum payment years for paid up/surrender. I’m also not aware of the amounts I get.It would be helpful if any one can give the approx figure with calculations.
Thanks,
Ramesh