I have taken a Jeevan Anand policy on my wife’s name. Since last 4 years, I have been paying premium on it. Now, I am confused as to what to do with it. Should I surrender it or make it paid-up? Please advice
Longer you will hold the policy the more you will repent on your decision later. To avoid accumulation of further losses and repelling on your decision, I will straightforwardly suggest you to surrender the policy. Whatever you will receive on surrendering this policy, you can invest it in some other profitable investment alternative.