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The surrender value of a life insurance policy is the amount that the policyholder will receive if they choose to surrender their policy before the end of the policy term. The calculation of surrender value can vary depending on the type of life insurance policy, but here are the general steps to calculate the surrender value of a life insurance policy in India:
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download a life insurance policy statement, you typically need to follow the below steps.
Tata AIA Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
Star Union Dai-Ichi Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
Shriram Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
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