What should I do with an old life insurance policy?
Shailesh Kumar, Co-founder, Insurance Samadhan
Answered on September 25,2021
Answered on September 25,2021
There are two possibilities
You have a lapsed policy where you are not paying premium . Please check how many premiums were paid by you . If you have paid three premium then your policy would have surrender value , which is giving a reduced cover as well as a surrender value which will be lesser than your paid premium .
Yiu have regular premium paying policy . Then congrats ,keep paying premium and get full value on maturity .
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