maturity amount I am getting after 20 years from 25/06/2009
Which life insurance plan (other than ULIP) is best for my need. I need a cover of Rs 15 lacs over 22 years. One of my friends told me to go for LIC’s Jeevan Anand Plan.
Hi! I would like take Term Insurance. I am earning 40K & my wife earning 15K per month. Alredy I have LIC Jeevan Anand (1 L), Money Plus ULIP (30K) and Bajaj Allianz ULIP (30K), Investing in 4 MF (4k) and Post Office Recurring Deposit (1k). I have 2 kids, 7 yrs girl & 1 yr boy. I am 35 yrs old.
Please suggest me which Term Insurance is best & Insurnace Company any how much should I take. Thanks in advance.
I have paid premium of 12 thousands for 3 years for my Jeevan Anand policy. I am not interested in continuing. Please tell me how much surrender value I'll get for this policy. Will I get any bonus also?
Also what is the procedure for asking surrender value for this policy.
Thanks a ton in advance.
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?