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What to do with Jeevan Saral?

LIC Jeevan Saral is an endowment policy which is silent on its expenses just like other plans in this category

What to do with Jeevan Saral?
- Chandra Sekhar Panigrahy

LIC Jeevan Saral is an endowment policy which is silent on its expenses just like other plans in this category. If you survive the policy term, it will pay a sum assured plus loyalty bonus. Loyalty additions may be paid from 10th policy year onwards at the discretion of the insurer. Since you have not offered us any details, it is not possible to offer a proper advice. You may read a related query here: Surrender LIC Jeevan Saral Policies.

This article was originally published on January 15, 2016.

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