Do you want to surrendering lic policy online? Surrendering a life insurance policy before its maturity date can be a decision made for various reasons. Online surrendering offers a convenient and accessible option for policyholders.
By surrendering a policy, the insured receives a lump sum payout, which may be beneficial in fulfilling immediate financial needs. However, surrendering a policy before maturity may result in a loss of future benefits, such as the death benefit or potential returns on investments.
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