Need A Financial Product › Forums › Insurance › Should I surrender Birla Sunlife Classic Life Premier Policy

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  • September 5, 2014 at 4:55 pm #47233
    samkapoor77
    Keymaster

    8 years back I purchased a Birla Sunlife Classic Life Premier Policy with an annual premium of Rs. 20,000. I paid the premium for 5 years and then policy became paid-up. The policy provides me a life cover of Rs. 4 lakhs. The current value of the policy is approximately Rs. 1, 52,400, i.e. till date the gain is more than Rs. 50,000. What do you say ? should I en-cash the policy by surrendering it or keep enjoying its benefits?

    September 8, 2014 at 3:29 pm #47234
    samkapoor77
    Keymaster

    If you do not have requirement of funds, then you can continue with the policy.

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