If we surrender our LIC policy, in how many days will the amount reach our bank account?

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  Shailesh Kumar
  

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  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on February 14,2022
  If I opted for an Endowment plan of 1 crore cover and nothing happens to me in the covered period, does the insurance company returns 100% of the amount I paid all these years after the maturity of the policy?
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  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on March 01,2022
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  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on October 27,2021
  If there's no death in those 20 years of term plan, will the premium be returned? What happens to the money we pay as premium?
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• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on December 14,2023
  How do I calculate the surrender value of LIC policy?
  You can get Surrender Value of policy by calling call centre  of your insurer . Moreover , your policy ...
  
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• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on April 18,2022
  How many days does it take to get a refund for a surrendered LIC policy?
  Surrender value of an LIC policy should be credited in 15 working days else LIC is liable to pay ...
  
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• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on January 28,2024
  My LIC policy was foreclosed without intimating me neither a notice was sent and the bank did not give me any settlement amount. What can I do my father had paid 13 out of 14 premiums?
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• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on November 15,2022
  Will I get an accrued bonus if I surrender my LIC policy post 3 yrs of premium payment? And also which option is better, surrendering the policy with 30% of the premium amount or leave it as paid up till the maturity period?
  If you have surrendered then it gets a paid up value which remain same for full term . Only ...
  
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