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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

Term Life Insurance

1 Answer

08 Nov, 2023

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!

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