Surrender of LIC Jeevan Tarang policy because of financial hardships

POSTED BY vedabyas ON February 28, 2014 3:08 pm ONE COMMENT

I have the following LIC policy details –

Date of commencement – 18-3-2011

Date of last premium paid – 8-2-2014

Name of Policy – Jeevan Tarang

T. No. – 178

Amount of Premium – Rs. 4187/- [payable monthly]

The above policy has been run by me for the last 3 years continuously. But I will be unable to carry the policy forward due to financial hardships. So, I need to surrender the policy. After logging into the site, I\’ve found that the Vested Bonus for the policy is Rs. 145000/-. So, will I be eligible to get this bonus amount if I surrender the policy after paying premiums for 3 full years?

Please let me know the surrender value of the above policy with vested bonus amount, if any.


One reply on this article “Surrender of LIC Jeevan Tarang policy because of financial hardships”

  1. ashalanshu says:

    Dear Ved, you ‘ll not get that bonus amount. To know your surrender value, please contact your LIC branch office.



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