Participating endowment plan (with Limited Premium Payment term Options)
Low Surrender value inspite of exceeding lock in period
- 08-02-2011
- 288
Policy number 0073442491
Invest gain-platinum; the policy premium term is of 15 years.
Policy commence date: 28/10
Premium Amt and Mode: Rs. 3947 half yearly.
I have paid premiums on regularly and last premium paid on April' due to financial cirisis i am not able to continue the said policy further and would like to surrender the said policy. On approaching the Branch office Gandhinagar on 2oth June'2011 I was shocked to know the surrender value which informed was rs.12215.60 only against my premium paid till date was amounting rs. 31576/-.
It is really painfull for a common men to accept above.
kindly extend support by releasing payment at par to my investment made till date.
regards,
Tejas Dakwala
Company: Participating endowment plan (with Limited Premium Payment term Options)
Country: India
State: Gujarat
City: Ahmedabad