Need A Financial Product Forums Insurance Should I surrender LIC Jeevan Shree policy, last premium due

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

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  • #46867

    In 1999, I started paying premium towards LIC Jeevan Shree policy without profit and without accident benefit. Last premium is due in 2015. Policy will mature in 2024. Will you suggest me to surrender this policy? If I surrender it now, will get loyalty bonus? In which alternative should I invest the amount which I will get from surrendering this policy?

    #46868

    I won’t suggest you to surrender the policy. In case you surrender it now, you won’t get much out of this. As only last premium is to be paid, I will advice you to pay and let the mature.

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