Need A Financial Product Forums Insurance Is it wise to surrender Jeevan Anand and Jeevan Saral

This topic contains 1 reply, has 2 voices, and was last updated by  Prakash Borkar 2 years, 8 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #48258

    It has been 2 years since I have 2 LIC policies ? Jeevan Anand and Jeevan Saral. Sum assured for these policies are Rs. 5 lakhs and Rs. 3 lakhs respectively. Till date I have paid 4 half yearly premiums on both these policies. I took these policies for high returns. Should I surrender these policies? What will be the surrender value?

    #48259

    Endowment plans always yield low rate of returns and hence, should never be opted for investment purposes. Surrender these policies. As on date surrender value is zero.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...

GET IN TOUCH WITH US

Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email : connect@simplypaisa.com