Its a confusion for every policy holder that how much he/she will recieve,if he/she will stop paying premium or wants to close policy or surrender the policy.So,below I have provide some details for removing your confusions.When you purchase a LIC policy, you may pay every premium regularly. But in some cases, you might be in a financial crisis or you may feel that you need not continue the policy as you have life insurance cover from some other insurance products. In such cases, if you had decided not to pay any premium further, you shall stop paying the premium but not surrender the policy where the policy will become a paid up policy. A paid up policy will provide you the paid up return value at the end of the policy term. Rather than surrendering a policy, its always better to make a policy as paid up, so that you will have a better returns accumulated at the end of the policy term.For more help you can submit your query with your policy no here : http://thepolicykart.com/query.php
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