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Surrender Jeevan Aanand 149
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29 Oct, 2023
by Srikanth Pasumarthi
Hello Experts
I have taken Jeevan Anand 149 in 2013 with the following details
Sum Assured ₹7,00,000
Policy Term 71 Yrs
Date of Maturity 28/10/2084
Premium Paying Term 16 Yrs
Commencement Date 28/10/2013
I have paid premium for 10 years and now would like to know if
What is my surrender value fif i do it this year.
Is my decision correct
Can I get a decent surrender value.
Your expertise in the matter will be greatly appreciated and will be helpful to take timely decision
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Hello Srikanth,
Yes, you can surrender your Jeevan Anand 149 policy if you wish to discontinue it. To get accurate and up-to-date information on your policy's surrender value, you will need to get in touch with your insurance company or visit one of their branch offices. Remember that surrendering a policy means you will no longer be entitled to the benefits and coverage provided by the policy, so make sure to weigh your options and consider the financial implications before making a decision. Also, review the terms and conditions of your policy and ask your insurer about any surrender charges or penalties that may apply before you go ahead.
I hope this helps. Thank you!