Debendra Nath Mishra December 1, 2015 Share this interaction Share this Facebook 0 Twitter 0 I have a max life life gain plus 20 participating plan. I have paid 4 premiums till now i. e. Rs.80,000/-.It was a 20 years plan and I have to pay the premiums for 6 years, but I want to close it now. How much money shall I get if I will surrender it prematurally. Please advice me.. Reply to this Response(s) Manoj Aswani MIC Staff January 21, 2016 : Answered in 1 Month 19 Days The Surrender Value payable will be equal to Cash Value less any loan including interest accrued to date of surrender. The guaranteed cash value in this Policy will be thirty percent of the Premium(s) (excluding the first year’s Premium) received.. Submit Reply to this Did you find this useful? 0 0
