Categories: Uncategorized

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

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. 

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.

admin

Recent Posts

Star Health And Allied Insurance Registered and Corporate Office

Star Health And Allied Insurance Registered Office : No. 1, New Tank Street, Valluvar Kottam…

1 week ago

TATA INNOVATION FUND NFO

TATA INNOVATION FUND  The TATA Innovation Fund NFO refers to the New Fund Offer (NFO) of the TATA Innovation Fund,…

2 weeks ago

BAJAJ FINSERV CONSUMPTION FUND NFO

BAJAJ FINSERV CONSUMPTION FUND NFO BAJAJ FINSERV CONSUMPTION FUND NFO is now available in the…

2 weeks ago

Rule 15x15x15 in mutual funds sip

Rule 15x15x15 in mutual funds  Rule 15x15x15 in mutual funds Sip can be a powerful…

1 month ago

LIC JEEVAN AKSHAY PLAN TO GET MONTHLY FIXED INCOME

LIC JEEVAN AKSHAY PLAN LIC Jeevan Akshay Plan: A Guaranteed Monthly Income Solution for all…

1 month ago

STAR HEALTH INSURANCE BUY 9886568000

STAR HEALTH INSURANCE BUY  Call 9886568000  Individual Health Cover provides personalized protection, ensuring that individuals…

1 month ago