Hi friends,

I have an LIC policy Jeevan Shree without profit and without accident benefit table and term 112-25(16).  It started in 1998 and will end in 2023. However the last premium to be paid is till 2014 and then no premium needs to be paid till maturity.  I have few questions in this regards –

1. Is it good time to surrender the policy now?
2. If yes, how much I would get ?
3. The gaurentee and loyalti would be paid at the end of maturity or it is paid even if we surrender?
4. Is there a away where I can convert this to any pension scheme now or after maturity?

Kindly write to me it would be really helpful so I can do the needful.

Regards.