Return after 15 years in LIC policy ?

POSTED BY ON January 8, 2015 3:33 pm ONE COMMENT

Dear All, Please guide me on my query. I have taken a LIC at the start of my career without any knowledge about it. I am just get fooled by the agent and my main requirement was to save tax on my hard earned salary at that time. The Policy is Jeevan Saral .

The sum assured is Rs 500000. Policy term is 15. I have already paid the premium for 4 years.Now can anybody guide me my return after 5 , 10 , 15 years. Whether I should continue this polcy after 5 years or not. If I have to replace then what is the best alternative. Kindly guide me.My Yearly premium is 24000

Regards Biraja

One reply on this article “Return after 15 years in LIC policy ?”

  1. Hemanth says:

    please contact LIC customer care. they should be able to provide you exact figures. Ask them how much will u get if you surrender now and based on it, decide to surrender or continue.

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