executed by my father… after 2.5 years, due to faily problem my father cancelled the said settelment deed simply by exectuing a cancelled deed and by registereing it, without approaching the court of law. I would like to know the validity of the such cancellation deed and my legal position.
on 1 feb 2011 i have taken endowment plus ulip plan from lic. Now i want to discontinue this policy as i was not told about the allocation charges and other charges. i have paid 50% amount that is rs10,000.
My question is if i cancel the policy within 15 days how much amount i will get?? and waht if i will cancel it after 15 days??