POSTED BY February 16, 2014 2:04 pm ONE COMMENT
ONHI
I have below four LIC policies,for them I am paying annually Rs.75256
Policy Name | Premium | Premium Mode | Date | SA | Term (Years) |
Money Back(T.No. 75) | 7774/- | YRLY | 28/07/2004 | 125000 | 20 |
Money Back(T.No. 75) | 9609/- | HYRLY | 28/01/2011 | 300000 | 20 |
Jeevan Surabhi(T.No. 108) | 12002/- | HYRLY | 28/01/2011 | 300000 | 25 |
Jeevan Saral(T.No.165) | 12130/- | HYRLY | 28/01/2011 | 500000 | 35 |
Taking my financial goal into consideration,I want to put any two of the below policies into paid up mode or to surrender them. Can anyone Please suggest me which policies will be the best to put into paid up mode or surrender .
Thanks in advance
Sujit
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Dear Sujith, in my personal opinion, surrender all 4 if you do have sufficient term cover already.
Thanks
Ashal