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Home > Employer > BFSI Employer > Life Insurance Corporation Of India > Not a good investment
Life Insurance Corporation Of India
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1st Floor, Yogakeshema Central Office, Jeevan Bhima Marg, P B No 19953, Nariman Point, Mumbai 400021, MH
+91-22-66598810, +91-22-66598716
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I have taken LIC jeevan Saral Policy in 2010. I am having half-yearly installments of 25000 Rs. So I am paying 50000 Rs. per year. But now I want to surrender my policy but when I went to LIC office they give me information about my surrender policy value. I was surprised that I was not getting the money which I have invested forget about the profits. So I have to lose substantial amount of money if I surrender it now. LIC officer told me that at least you have to continue till 10 years so that you will get the money you invested. So I have made wrong decision to invest my hard earned money. It is really sad. I will suggest rather investing in LIC you can go for online insurance.
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