Need A Financial Product Forums Insurance Will I get vested bonus on Jeevan Anand on surrendering

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    I have purchased Jeevan Anand Policy in 2008 for 20 years. The policy was for 5 lakhs and I am paying half yearly premiums on it. Last year, I have purchased a term plan of Rs. 75 lakhs from Bajaj Allianz. As per the online portal, vested bonus on my Jeevan Anand policy is Rs. 91,000. Should I surrender this policy or should I let it continue? And what will be the surrender value?



    Vested bonus depends on the terms of policy of continuing it till maturity with regular premium outlay. For surrender value, you can contact nearest LIC office.

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