EPISODE · Jul 18, 2024 · 24 MIN
Don't surrender your LIC policy!
from Why Not Mint Money · host Mint - HT Smartcast
The premium due date for your LIC policy is coming, but you do not want to pay it. You want to surrender your policy. While you will get some money in return (lower than premiums paid so far), your death benefit will be gone. What if you get the money and part of the death benefit still continues? Ketan Mehta, founder & Director of ACESO Endowment Services, has found a way out - assign your policy to a trust set up by Mehta. Watch the video to know more. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The premium due date for your LIC policy is coming, but you do not want to pay it. You want to surrender your policy. While you will get some money in return (lower than premiums paid so far), your death benefit will be gone. What if you get the money and part of the death benefit still continues? Ketan Mehta, founder & Director of ACESO Endowment Services, has found a way out - assign your policy to a trust set up by Mehta. Watch the video to know more. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Don't surrender your LIC policy!
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