Welcome to Mera Kal’s LIC Surrender Value calculator, servicing both LIC and SBI Life Policies
The Surrender Value of an insurance policy is the amount that the policyholder is entitled to receive if they choose to terminate or surrender the policy before its maturity date.
The Surrender Value is determined by various factors, including the type of the policy, premium amount paid, the duration for which the policy has been active, the term of the policy, the bonus accrued and the specific terms and conditions of the insurance policy.
This is an estimate that assumes timely payment of all premiums and does not incorporate any accrued bonuses applicable to your policy. The actual Surrender Value may vary based on these factors. For an accurate assessment of the Surrender Value of your LIC/SBI Life policy, including any accrued bonuses, please reach out to us directly.