05 June 2011
Yes u can surrendr ur policy and vl get back ur amt paid, but if u withdrw withn 2yrs frm the commencment of policy then deductn allowd u/s 80c has to b treatd as income in yr of withdrwl.
05 June 2011
Yes u can surrendr ur policy and vl get back ur amt paid, but if u withdrw withn 2yrs frm the commencment of policy then deductn allowd u/s 80c has to b treatd as income in yr of withdrwl.
05 June 2011
But the policy is for 20 years and sum assured is around 6 lakhs. If I am paying annual premium of Rs.25000 since last three years, will I get 75000/- if i withdraw?
CAclubindia
