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What happens when you surrender your life insurance policy

Contrary to Popular Belief, You Do Not Lose All Your Premiums!

Life Insurance Plans with Returns Have a 'Surrender Value'

Surrender Value Ensures You Get Back Part of the Money Invested as Premiums

Three Important Things to Keep in Mind :

  1. Surrender Value is Only Available for Savings Plans
  2. Only Policies Older Than 3 Years Accrue Value
  3. Surrender Value Will be Less Than Total Premium Paid

Surrendering Your Policy is Always as Option! But Keep it As a Last Resort