What to do with least needed LIC Jeevan Anand Policy

[samkapoor77]

Ten days back, my uncle forcefully dragged me to LIC Jeevan Anand Policy for 21 years. I didn’t even know how this policy works and what I will get at the maturity of the policy. After reading few articles, I realized that I should have rather invested in term plan. Should I surrender it or continue it or pay more premiums and then surrender?

[samkapoor77]

There is a free look up period of 15 days after receiving of policy document during which you can ask for cancellation of policy. There will be certain deductions from the amount that you have paid.

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