LIC Jeevan Anand Surrender Value

1. 

   vikram72
   

   new member
   Joined: Dec '10
   Posts: 1

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   I took Jeevan Anand in Jan 2005, Half Yearly Premium of 6000/-

   Sum Assured is 200,000.

   How to calculate the Surrender Value?

   Some websites are saying it would be 30%, some are saying it would be 60-70%, I also read 90% somewhere.

   My policy started in 2005.

   Is there a Surrender Value Calculator for Jeevan Anand Online?

   Posted 1 year ago #
2. 

   Anonymous
   

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   Reputation:0

    

   Guaranteed Surrender Value: Jeevan Anand

   The policy may be surrendered after it has been in force for 3 years or more. The guaranteed surrender value is 30% of the basic premiums paid excluding the first year’s premium. Any extra premium(s) paid and premium(s) towards Accident Benefit are also excluded.

   Hence it would be around 30% till 4th year. For accurany seek for surrender quotation from lic branch office where you have placed your buisness

   Posted 1 year ago #

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