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, 3 months ago.

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  • #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.

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