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How to find maturity value of lic policy

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Tuesday, September 11, 2018 12:58:22 AM
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Are you guys ever going to do 'dating an American one? :). Are you wondering how to calculate the return value of your lic policy? Is your LIC agent promised a How to find maturity value of lic policy return on your investment? In this article I will try to simply the calculation of maturity value of any lic policy with simple example only. As an investor one should always follow a simple thumb rule and that is how the return or any any promised benefit is calculated. Bondage cover Although as per the basics of insuranceone should not expect any return on investmentbut this is not true when people buy lic policy. First of all, you should know what are the factors which is determining the return of any lic How to find maturity value of lic policy or maturity value of any lic policy.

How to find maturity value of lic policy


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So, surrender the policy only if the policy does not fulfil your requirements or if you are not satisfied with the terms and conditions of the policy or if the features of the policy have been changed from what was promised to you before buying the policy. Guaranteed Surrender Value is the amount guaranteed by the insurance company to the policyholder in case of termination of the policy before maturity. Along with Guaranteed Surrender value, the surrender value of Vested Bonuses if any shall also be payable. It is equal to the vested bonuses multiplied by the Lic Surrender Value.

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The year-old firm boasts of its nationwide presence with offices and agents in every nook and corner. LIC Jeevan Anand is a unique insurance product with several benefits. In this Policy, you can pay the premium yearly, half-yearly, quarterly, or in every month. During the first-year an LIC agent has been visiting my home to collect the premium amount.

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TouchOfReviewSaturday, June 30, 2018 12:23:11 AM
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