I have a market plus policy which opened on 24 Mar 2008. Now i want to surrender the policy.
1. Is it possible to close the policy?
2.What is the procedure for surrender. explain briefly.
3.How much amount i will get now? any one calculate and tell me.
4. Possible to close in another branch?
Policy amount: 10000
No: 714888832
No of units : 701.9
Verified answer
1. Call the agent that sold you the policy
2. Go to a local branch
3. Call the customer service help lines. The customer service contact numbers are listed here: http://www.licindia.in/phone_helpline.htm
4. If you have not already registered your policy on the LIC web site go to this link: http://www.licindia.in/NewUserRegistration.htm Upon successful registration, you will have online access to information regarding status of policy/s, loan, revival, premium due/ policy calendar, maturity calendar etc.
as per todays NAV your value is 9825 Rs