Tue, Mar 26, 2024
Likewise, if the policy is discontinued within the fourth to seventh policy year, the surrender value shall be 50 per cent of the total premium paid, and if it is surrendered just two years before maturity, 90 per cent of the premium paid shall be paid as the surrender value to the policyholder.
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Fri, Dec 15, 2023
Also, it implemented a few changes in the methodology for calculating surrender charges.
Thu, Dec 14, 2023
Good news for insurance customers, now if a person surrenders the policy before its maturity, he will get more benefit. Know the full news in this video...
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