Few days before, I purchased Jeevan Tarang Policy for 15 years with SA Rs. 20 lakhs and quarterly premium of Rs. 35,074. I have still not received policy document. If I apply for cancellation of the policy, how much will I get back? I am interested in a policy which can cover risk. Can you suggest such policy to me?
On cancellation of policy in free look-up period will get you back 90-95% of your original premium paid. If your main motive of investment is to provide you with risk coverage, then I will suggest term insurance policy to you.