Need A Financial Product Forums Insurance Should I continue paying Jeevan Tarang premium for 10 years

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  • #48062
    samkapoor77
    Keymaster

    Six years back, I opted for Jeevan Tarang Policy from LIC for sum assured Rs. 4, 72,500 with annual premium of Rs. 32,945. Policy is for 15 years. 6th year bonus to be paid for holding the policy for 5 years is Rs. 1, 97,667. I can hold the policy maximum up to 10 years. I expect this policy to continue giving such returns. In this case, what do you suggest? Should I make the policy paid-up or continue paying till 10th premium?

    #48063
    samkapoor77
    Keymaster

    Check your policy’s paid-up value with LIC, compare both the situations and then choose the profitable option.

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