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My jevan saral lic premium is 12065 yearly

i want to surrender policy so how much ammount will be receive on surrender policy is taken on oct 2012.

Hi Sir, as per your description of the policy, you have completed 5 years with your plan. You are liable to surrender and can get a good amount in return. The company set a few norms when it comes to calculating the surrender value. Below are the same for your reference,  Guaranteed Surrender Value = 30% of all premiums paid – 1st year’s premium Special Surrender Value =  You are liable to get 100% of the Maturity Sum Assured if 5 or more years’ premiums have been paid.
Asked by Vijay kirve on 15 Apr, 2019 in Lic Insurance
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Hi Sir, as per your description of the policy, you have completed 5 years with your plan. You are liable to surrender and can get a good amount in return. The company set a few norms when it comes to calculating the surrender value. Below are the same for your reference, 

Guaranteed Surrender Value = 30% of all premiums paid – 1st year’s premium

Special Surrender Value =  You are liable to get 100% of the Maturity Sum Assured if 5 or more years’ premiums have been paid.

15 Apr, 2019
  • 0 Votes
    Click To Vote

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