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Invested money in LIC policy want to recover the money back
10-Apr-2023 (In Insurance Law)
I have paid only one premium amount of Rs.21,000/- to the LIC of India. Afterwards it is not possible for me to pay further premium amount. Now I need my money of Rs.21,000/- paid to the LIC. Please help me sir waiting for reply
You have not mentioned the policy name and hence my advice is general . Normally there is a minimum period of three years to get the surrunder value and LIC policy is not an investment scheme to get back the money .
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Adv. G. Asok
Chennai | 200+ Answers
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