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

This topic contains 1 reply, has 2 voices, and was last updated by  Surendra Jha 2 years, 9 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #47233

    Surendra Jha
    Member

    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?

    #47234

    Dharav Mehta
    Member

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

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