Need A Financial Product Forums Insurance Loss in surrendering and in continuing with LIC shubanivesh policy

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  • #46877

    For last 5 years, I am paying premium towards LIC shubanivesh policy. Policy is for 15 years tenure with an annual premium of Rs. 10,000, but now I want to convert it to 10 years. Is it possible? I have jotted down few options available to me ? (1) surrender this policy, (2) continue it, and (3) make it paid-up and then let it continue. I want to know what will be my loss in all these three cases. What is its current surrender value?


    Sunil Malaya

    In order to know the complete details, surrender value and loss in your options, contact LIC.

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