How to calculate surrender value of LIC Jeevan Anand policy?



If I surrender LIC’s Jeevan Anand policy after paying three years premium, how do I calculate the surrender value? If this is 30% of two years premium (first year premium is not considered), then it will mean a huge loss. Do they add the bonus accrued to the above amount?

How to calculate surrender value of LIC Jeevan Anand policy?
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2 Replies to “How to calculate surrender value of LIC Jeevan Anand policy?”


  1. Walk into the branch which issued the policy. You can get the surrender value over the counter.

    It is a costly policy. Yes you will have a loss. The loss will be much greater if you continue till maturity.

    Insurance is an expense , not an avenue for investment. Go for PURE TERM COVER only.

    Visit wwwaegonreligare.com and calculate premium yourself. Their rates are one of the lowest.

    Have a look at their online policy , increasing cover policy & critical illness riders.

    In case you want to take PURE TERM COVER from LIC , then , first take TERM COVER and surrender your policy after that.





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