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   How to calculate LIC policy surrender value?

   • One can easily calculate surrender value of LIC Policy with the help of this LIC Policy Surrender Value Calculator online The surrender value of a life insurance policy is the amount of money that the policyholder is entitled to receive if they decide to cancel or surrender their policy before it matures.

   LIC Policy Surrender Value calculator online

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   What is the surrender value of a life insurance policy?

   • The surrender value of a life insurance policy is the amount of money that the policyholder is entitled to receive if they decide to cancel or surrender their policy before it matures. Its very easy to calculate with this LIC Policy Surrender Value calculator online

   LIC Policy Surrender Value calculator online

   licinsurance.online/lic-policy-surrender-value-calculator-online/

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   When is surrender value payable to LIC?

   • Surrender value is payable only after three full years premiums are paid to LIC. More over if it is a participating policy the Bonus get attached to it as per prevalent rules. Surrender of policy is not recommended since the surrender value would always be proportionately low.

   LIC Policy Guidelines For Policy Holders | Official website of Life

   licindia.in/policy-guidelines-helpline

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   What are the surrender charges for LIC policy?

   • The surrender charges for LIC policy depend on the policy term and the number of premiums paid. In conclusion, the surrender value is an important aspect of LIC policies that policyholders should be aware of. The surrender value can be calculated using the formula or by referring to the surrender value chart or calculator.

   Understanding LIC Surrender Value: Formula, Chart, and Calculator

   licinsurance.online/lic-surrender-value-formula-chart-and-calculator/

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2. licsurrendervaluecalculator.inLIC surrender value calculator

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   Find out the surrender value of your LIC policy by entering the premium paid years and monthly premium. See the LIC surrender value chart for different policy years and factors.

3. licindia.in › policy-guidelines-helplineLIC Policy Guidelines For Policy Holders | Official website ...

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   Learn about the surrender value of your LIC policy, which is the amount you can receive by cancelling your policy before its maturity or survival period. Find out the conditions, procedures and benefits of surrendering your policy and the difference between surrender and lapse.

4. licinsurance.online › lic-policy-surrender-valueLIC Policy Surrender Value calculator online

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   Apr 15, 2023 · LIC Policy Surrender Value calculator online. The surrender value of a life insurance policy is the amount of money that the policyholder is entitled to receive if they decide to cancel or surrender their policy before it matures.

5. cleartax.in › s › lic-policy-surrenderLIC Policy Surrender: Procedure, Value, Form, Processing Time ...

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   May 21, 2024 · You can calculate the surrender value of your LIC policy by using the formula given below: {Basic sum assured + (number of premiums paid/total number of premiums payable) + total bonus received} * X. Please note that X is the factor of surrender value. How to Check LIC Policy Surrender Status Online? Wondering how to check the surrender value ...

6. www.policybazaar.com › check-lic-surrender-valueHow To check the Surrender Value of LIC Policies? - Policybazaar

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   Learn what surrender value is, how to calculate it for different LIC plans, and how to surrender your policy online or offline. Find out the factors, benefits, and drawbacks of surrendering your LIC policy.

7. sagecalculator.in › lic-policy-surrender-valueLatest LIC Policy Surrender Value Calculator for 2024

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   Do you want to find the Surrender value of your LIC Policy? Use our LIC Policy Surrender Value Calculator which is as per 2024 IRDAI guidelines.

8. licinsurance.online › lic-surrender-value-formulaUnderstanding LIC Surrender Value: Formula, Chart, and Calculator

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   Apr 15, 2023 · The surrender value is the amount of money that the policyholder receives from LIC if they surrender the policy before its maturity date. The surrender value is calculated based on the premiums paid and the policy’s accumulated bonuses. It’s important to note that the surrender value is typically lower than the sum of premiums paid.