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

This topic contains 1 reply, has 2 voices, and was last updated by  Kunjlata Bihari 2 years, 10 months ago.

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  • #47245

    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?

    #47246

    Anonymous

    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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