Would like to know the surrender value of Jeevan Saral

[samkapoor77]

I have taken a Jeevan Saral policy. I have already paid 3 premiums towards the policy. Premium amount is Rs. 18,050 per year. Since I have completed 3 years with this policy and I don’t hope that the policy will give me good returns, I am inclined to surrender the policy. Can you please tell me the surrender value of this policy? Do you recommend continuation of this policy or surrendering?

[samkapoor77]

I will suggest you to surrender the policy. You will get 30% of 2nd and 3rd premium. For exact surrender value, contact LIC staff or IVRS of LIC.

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