tag:blogger.com,1999:blog-7217274405121794725.post1378062072952124095..comments2023-01-01T10:59:34.422+05:30Comments on LIC Insurance Review India: How To Calculate Surrender Value of LIC Policy Jeevan AnandAbhishekhttp://www.blogger.com/profile/00754254034491383817noreply@blogger.comBlogger190125tag:blogger.com,1999:blog-7217274405121794725.post-2110427022277943172017-10-30T19:11:27.459+05:302017-10-30T19:11:27.459+05:30Policy 149 jeevan anand
Sum assured 5,00,000
Poli...Policy 149 jeevan anand <br />Sum assured 5,00,000<br />Policy term - 20 years <br />Installments premium 27,000 rs. per year <br />Vested bonus 850000<br />I paid the installments regularly for 5 years <br />Now i want to surrender the policy, Please guide me what is the amount i will get? f yearly<br />NikhilAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-67053756982665108492017-10-24T19:49:30.783+05:302017-10-24T19:49:30.783+05:30Policy 149 jeevan anand
Sum assured 2,00,000
Inst...Policy 149 jeevan anand <br />Sum assured 2,00,000<br />Instalments premium 6215.00 halfyearly<br />Vested bonus 54,800 up to 20th oct 2017<br />Policy benifits 2,00,000<br />Premium paying term 18 years <br />Policy term 78 years <br />Commencement date 23/03/2011<br />Date of maturity 23/03/2089<br />20/10/2017 up to i paied 6 years <br />Now i want to surrender my policy so what is the amount i will get and is there life risk cover or notAnonymoushttps://www.blogger.com/profile/13883921138643167673noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-13367923614090359002017-07-10T17:34:58.343+05:302017-07-10T17:34:58.343+05:30Hello Admin
I want to surrender my policy. Could ...Hello Admin<br /><br />I want to surrender my policy. Could you please help me with approximate surrender value. Below is the policy details<br /><br />Policy : Jeevan Anand (149)<br />Sum Assured : 5,00,000<br />Policy Paying Term : 17 Years<br />Policy Term : 69 Years<br />Premium : 33,463<br />Premiums Paid so far : 5<br />Vested Bonus : 91,500<br />Commencement Date : 07/07/2012<br /><br />Thank you!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-75334681988226722842017-01-24T14:11:17.301+05:302017-01-24T14:11:17.301+05:30Hi. Im paying 948 per month for last 42 month. No...Hi. Im paying 948 per month for last 42 month. Now i want to surrender my insurance so how much i get if i surrender my policy. My SA is 200000Anonymoushttps://www.blogger.com/profile/03844168597962391328noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-65373247144677016532016-12-08T15:36:42.640+05:302016-12-08T15:36:42.640+05:30this is a very insightful article.
I too was con...this is a very insightful article. <br /><br />I too was conned into getting this worthless policy, well, when I started my career and had absolute no knowledge on how this works. <br /><br />I Pay a monthly premium of Rs. 4310 which translates to Rs. 51720 per annum. The Sum assured is 10,0000 and bonus vested till date is Rs. 145000. <br /><br />I want to close this useless policy and instead invest this amount in Equity or debt. <br /><br />I have following questions:<br /><br />1. I have an ECS setup for the premium. How to I stop this? Will contacting bank to stop this ECS be sufficient or do I have to obtain some sort of authorisation from LIC? <br /><br />2. How do I mark this policy as paid up? Will simply stopping the premium be sufficient?<br /><br />3. In case I permanently want to stop this policy, how much loss would I be making?<br /><br />Thank you for your help!Rahul Sharmanoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-87851640775063086712016-12-02T16:30:01.956+05:302016-12-02T16:30:01.956+05:30Heloos
Call me on this number.
Vikas
9953539255...Heloos <br />Call me on this number.<br /><br />Vikas <br />9953539255Anonymoushttps://www.blogger.com/profile/05914140199596566984noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-47821318046977619822016-11-29T13:17:32.101+05:302016-11-29T13:17:32.101+05:30Hello Admin,
I too wanted to stop my LIC policy....Hello Admin, <br /><br />I too wanted to stop my LIC policy. here are my details:<br /><br />Policy Started in the year 2010<br />Sum Assured: 3,00,000<br />half yearly premium: 16043<br />Bonus accumulated till now: 51000 <br />Policy Term: 15 years<br />Premiums Paid from : 03/05/2010 till 03/05/2016<br />Money back with drawn : in the year of 2014, 30% of sum assured, i.e, Rs.90,000 <br /><br />Is it a wise decision to stop any more payments and surrender my policy? Let me know what is the best solution. <br /><br />Looking forward to see your reply.<br /><br />Nimesh<br /><br /><br />Nimesh Prabhakarnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-60364333532302276852016-06-08T17:10:59.426+05:302016-06-08T17:10:59.426+05:30Hello ,
I have a LIc policy. I want to stop it ....Hello , <br /><br />I have a LIc policy. I want to stop it . Please suggest me what can be the best possible method. Thank you in Advance.<br /><br />LIC policy - 815<br />Term Duration – 25 years<br />Date of Inception - 01.2014<br />Premium - 22540<br />SA – 1200000+500000=1700000<br /><br />please help me out with the following problems -<br /><br />a) If I were to surrender at 3 years, what amount will I get?<br />b) If I were to surrender at 5 years, what amount will I get?Rahi Akelahttps://www.blogger.com/profile/05607038118074139996noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-7894735151324190482016-05-28T12:35:28.319+05:302016-05-28T12:35:28.319+05:30Hello,
I have a Jeevan Anand Policy (With Profits)...Hello,<br />I have a Jeevan Anand Policy (With Profits) in effect from 28 May 2010. I have paid all the premiums on time. The vested bonus on 28 May 2016 is 23900. I want to surrender the policy. Please tell me the surrender value I would get. Thank you very much in advance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-71435761381989386032016-05-17T19:30:52.497+05:302016-05-17T19:30:52.497+05:30Hi, i have paid premium of 35730 for 5.5 years for...Hi, i have paid premium of 35730 for 5.5 years for my jeevan anand. Sum assured=650000, term=20 years. How much would i get back if i surrender. please help me in understanding.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-66864428990878596582016-05-16T16:03:21.707+05:302016-05-16T16:03:21.707+05:30I have four policies of lic total of 13000 rs year...I have four policies of lic total of 13000 rs yearly premium i have deposited 4 premiums if i surrender how much i can get backAnonymoushttps://www.blogger.com/profile/14523744755983452952noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-47972041341025318882016-05-16T16:01:56.244+05:302016-05-16T16:01:56.244+05:30I have four policies of lic i.e 4204, 3630,2800,32...I have four policies of lic i.e 4204, 3630,2800,3246 rs per year premium. I have deposited 4 premiums of two policies of 4204 and 3246 rs and two premiums of other two policies i.e 3630 and 2800 rs. If i want to surrender my policies how much can i get Anonymoushttps://www.blogger.com/profile/14523744755983452952noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-74848434650703463252016-05-16T15:59:38.892+05:302016-05-16T15:59:38.892+05:30I have four policies of lic i.e 4204, 3630,2800,32...I have four policies of lic i.e 4204, 3630,2800,3246 rs per year premium. I have deposited 4 premiums of two policies of 4204 and 3246 rs and two premiums of other two policies i.e 3630 and 2800 rs. If i want to surrender my policies how much can i get Anonymoushttps://www.blogger.com/profile/14523744755983452952noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-37820230250044389692016-04-22T16:19:23.755+05:302016-04-22T16:19:23.755+05:30lol guys, this fellow seems typical short term NRI...lol guys, this fellow seems typical short term NRI, got nicely thrashed! :DAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-64544801381755950852016-04-07T01:12:10.547+05:302016-04-07T01:12:10.547+05:30Hello ,
First of all a heartly congratualtions to...Hello , <br />First of all a heartly congratualtions to you for running such a successful blog. Now , pls help me out with my LIc policies. I am stuck in a big problem.<br />I have a LIc policy. I want to stop it . Please suggest me what can be the best possible method. Thank you in Advance.<br /><br />LIC policy - 815<br />Term Duration – 16 years<br />DAte of Inception - 07.2014<br />Premium - 51205<br />Sa – 725000<br />please help me out with the following problems -<br /><br />a) If I were to surrender at 3 years, what amount will I get?<br />b) If I kept the policy as paid up after 3 years, what would I get at the end of the term?<br />c) Is it possible to put the policy for 'paid up' before 3 years are over.<br />D) In your post I read somewhere that it is prudential to pay for 5 years and then make the policy as paid up. What exactly is this???<br />Anonymoushttps://www.blogger.com/profile/12529727540559744175noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-31378057239912030382016-04-04T16:30:30.362+05:302016-04-04T16:30:30.362+05:30I took a LIC policy in 2013 June. ANNUAL PREMIUM O...I took a LIC policy in 2013 June. ANNUAL PREMIUM OF RS 30592. It has covered the period of 3yrs in the month of 2015 June and I want to surrender that in July 2016. How much money I will get? How to calculate this? Please share some easy calculation method.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-75311247251554924042016-03-25T20:43:50.403+05:302016-03-25T20:43:50.403+05:30Sir I have an policy of jeevan Anand and my half y...Sir I have an policy of jeevan Anand and my half yearly premium is 12578/- i have continued for 3 yrs now i want to surrender how much amount t get back from lic ,my policy for 15 yrsprince shandilyahttps://www.blogger.com/profile/13527130025150706079noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-35106201574320728842016-03-17T21:20:55.129+05:302016-03-17T21:20:55.129+05:30I have a LIC Money Back policy started in 2012, du...I have a LIC Money Back policy started in 2012, due to family emergency I need to surrender to get the money. I have been paying Rs.20900 as Annual Premium. Please help me to know what would be the amount I might expect from LIC.Rajeshhttps://www.blogger.com/profile/13931076206258624224noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-41901919334880288562016-03-14T23:21:17.312+05:302016-03-14T23:21:17.312+05:30Sir/s, I am in a dilemma and wish to seek help whe...Sir/s, I am in a dilemma and wish to seek help whether i should surrender my policy or make it 'paid-up' now or after 5 years. <br />I have bought a Jeevan Saral Policy on 11/09/2012 with policy term of 26 years and monthly premium of Rs.5104/- I have paid premiums regularly till now i.e. 3.6 years. Please advise me what should i do to get maximum benefit. i am getting a surrender value of 1.2 Lakhs now. However, i wish to know if i should make it paid up now or after 5 years or should simply surrender now?? <br />I wish to buy a term plan now and invest money in SIP for better returns.SANGAMESHhttps://www.blogger.com/profile/00155876019219521152noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-76531331147827660242016-03-08T13:11:03.644+05:302016-03-08T13:11:03.644+05:30Hi,
I took a policy last year for 25 years term, ...Hi,<br /><br />I took a policy last year for 25 years term, paying 8000 quarterly. But now I think it is better to put money somewhere else.<br />Pls advice how much I will be getting back and your view on closing down.tanujnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-29398778961051755032016-03-07T22:27:00.724+05:302016-03-07T22:27:00.724+05:30Are you sure after paying for continuous 5 years f...Are you sure after paying for continuous 5 years for Jeevan Anand policy, we can stop paying premium and we will get the maturity amount after 20 years as I have 20 year plan. Please explain in details...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-31873697216756758492016-02-28T00:39:27.753+05:302016-02-28T00:39:27.753+05:30Hi ,
I have bought an LIC Jeevan Anand Policy in...Hi , <br /><br />I have bought an LIC Jeevan Anand Policy in Nov 2010 . Sum Assured is Rs. 1200000/-. Policy Paying term is 21 years. Premium is Rs 5093/- per month. Currently the vested bonus shown on LIC website is Rs. 286800/-.<br />What would be your advise. <br />1) Should i surrender this and buy a Term Insurance and invest in some other SIP? If yes, then what will be the surrender money i would get back including the accrued bonus. <br />2) Should i just stop paying and wait for policy to get matured ?<br />3) Should i continue paying the Policy as it is. vivekhttps://www.blogger.com/profile/09205308623003605753noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-85988530379519650492016-02-23T10:31:20.742+05:302016-02-23T10:31:20.742+05:30i have jeevan anand as per following details:...i have jeevan anand as per following details:<br />policy started on March-2006<br />Term : 20yrs<br />Premium : Rs.15530/-<br />I want to discontinue this policy. How much amount will I GET??/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-36597501683878853292016-02-08T22:22:36.054+05:302016-02-08T22:22:36.054+05:30i have started my lic policy's 3 years back no...i have started my lic policy's 3 years back now i want to cancel my policy,will i get any amount from lic, if i cancel.Anonymoushttps://www.blogger.com/profile/02507832955153051838noreply@blogger.comtag:blogger.com,1999:blog-7217274405121794725.post-41454017743822233482016-02-05T16:17:21.729+05:302016-02-05T16:17:21.729+05:30Sir i have a jeevan anand policy of 500000 with mo...Sir i have a jeevan anand policy of 500000 with monthly premium 1557 for 30 yrs.... how much loan can i take after 3 yearsAnonymousnoreply@blogger.com