I enjoy a policy name jeevan surabhi-108 since june 2004. very soon i want to surrender it,what amount i will get hold of.?
You may surrender the policy - surrender attraction will be 30% + bonuses if any. If you plan to surrender the policy for any reasons clear sure you have taken tolerable risk cover. consider taking a Term Insurance. Here you take cover for larger amounts for a nominal premium.
Good luck
insurance policies are not for surrender. if you surrender before the completion of 5 yrs. may catch only 30% and if you surrender since you may hardly draw from 15 to 25%. i suggest you to continue it if you can It hurts but do not surrender. The importance that you get it too smaller amount.
we only swot up once we have invested. Agents would not right to be heard about adjectives this. they put a rosy pic and we buy schemes short our understanding.
Thx
Answers: It is not advisable to surrender a policy which may defeat the purpose. So plentiful people whip insurance to oblige the agent friend or relative, without asking any question or take rebate and looses the power of cross-examination and finally laments for landing surrounded by a wrong decision and blames the agents.
Now a days, you can obtain information on any thing through the internet and ancestors like me who are available to help out giving proper advice.
I suggest relatives to take insurance for their own sake and not for others (agents) sake.
perfect luck
pnkmurthy(a)yahoo.com
http://www.geocities.com/pnkmurthy/lic.h...