Need A Financial Product Forums Insurance Should I surrender my 20 LIC policies under endowment plan Should-I-surrender-my-20-LIC-policies-under-endowment-plan_REPLY


Narayan Rane

Prepare a collective sheet for all these policies with details like date of maturity, annual premium, next premium date, maturity amount, surrender value. Create a login ID at LIC’s website. From there you will get to know the accrued bonus on individual policies. Then on the basis of your loss/ gain position, take a decision on how many policies to keep (may be 3-4) and how many to surrender.

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