Hi Manish,
I happened to take a look at your article : https://www.jagoinvestor.com/2011/08/lic-policies.html today and need your guidance as I have decided to stop paying premiums for LIC.
I need to know the difference if I make the policies paid up OR Surrender them now after 4 yrs of premium payment. Policies are Jeevan Anand and Jeevan Saral – Annual Premium: 27K/-
I need to know the pros if I make it “Paid Up” as I know the surrender amount will be very meagre if I opt to surrender.
I already have secured 2 Term plans – Aegon and HDFC Life – with an annual premium of 21K/-
Awaiting your opinions.
Regards,
Kunal