Need A Financial Product Forums Insurance Can my already paid premiums on Jeevan Anand be adjusted

This topic contains 1 reply, has 2 voices, and was last updated by  Manohar Jhawar 2 years, 4 months ago.

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  • #46835

    Four years back, I opted for Jeevan Anand Policy for 30 years for a cover of Rs. 15 lakhs. Now, instead of this policy, I am interested in taking a term policy for Rs. 50 lakhs. How much will I get if I surrender this policy and is there any provision to get my already paid premiums adjusted for a less cover if I wish to continue the policy?

    #46836

    In order to know the exact surrender value contact LIC (in person or telephonically). As regards adjustment of your already paid premium, yes you can get it adjusted for reduced coverage.

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