Can I surrender or close my LIC policy and get a refund?

Yes, closing and getting the surrender value is very easy in LIC of India. LIC policies, after the lock-in period, can be surrendered, and as per the terms of the plan, value will be paid to the policyholder. 

Thank you for reading this post, don't forget to subscribe!

For closing the policy, the policyholder can go directly to the particular branch or take the help of their LIC agent. 

The  Documents required for policy closure are:

• Original policy document
• PAN Card copy of the policyholder
• One Bank cheque leaf cancelled with the name of the policyholder printed on it  or
• Bank passbook copy self attested.