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LIC life insurance plan can be cancelled by the policyholder at any point of time after the policy start date by writing to the insurance company and filling the cancellation form. If the policy is to be cancelled within the free look period, it can be done without any premium deduction by the insurance company. If the policy is to be cancelled after the free look period, a pro-rata premium would be charged by the insurance company from the customer.
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download a LIC life insurance policy statement, you typically need to follow the below steps.
LIC 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.
To determine the fund value of LIC life insurance, you'll need to follow the below steps.
To check the surrender value of a LIC life insurance policy, you can follow the below steps:
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