When should I surrender my LIC Jeevan Saral Policies

[samkapoor77]

I have two LIC Jeevan Saral Policies, both having an annual premium of Rs. 30,025. I purchased the policies 4.5 years ago for tenure of 30 years. After reading so much on Jeevan Saral policies on this blog, even I have started feeling as if I have been duped by LIC and I won’t get much out of this policy. When should I surrender this policy ? now, after paying 5th premium or after 10 years?

[samkapoor77]

Check with the LIC office, surrender value in each of the cases mentioned by you and choose the option with minimum loss to you.

[Author]

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