Policy review
Is your LIC / endowment / ULIP policy actually worth it?
Your agent says continue. Your friend says surrender. Here's the third opinion: the maths. Enter your policy details and see the return you're actually earning.
From your policy illustration or agent's projection — including bonuses.
Call the insurer's helpline or check the portal — takes 5 minutes.
Your policy's actual annual return
5.5%
That's what ₹60.0 K/year for 20 years → ₹22.00 L works out to. For context: PPF has historically paid ~7–8%, equity funds ~11–12% over long periods.
The verdict
Consider surrender & redeployThe maths says continuing is expensive: redeploying the surrender value + future premiums could build meaningfully more. Review before acting — surrender has real costs.
Don't lose the life cover: replacing ₹10.00 L of cover with a pure term plan costs roughly ₹1,600/year at your age (indicative) — usually a fraction of your current premium.
This is a lakhs-of-rupees decision. Don't make it alone.
Surrender charges, tax angles, paid-up rules — the details matter. We'll review your actual policy document and give you a written recommendation before you act. No pressure either way.
No spam, no call-list. One conversation about your gaps, only if you want it.
This tool computes returns from the numbers you enter and compares them against assumed alternative returns (11% equity SIP, not guaranteed). It is educational, not advice to surrender or continue any policy. Surrendering a policy has real costs — charges, tax implications and loss of cover — which this simple model does not fully capture. Please review your actual policy documents with a licensed professional before deciding.