Maintaining Insurance Cover: Surrendering Your LIC Policy Explained

 Life Insurance Corporation LIC policyholders usually don’t prefer accessing their funds before maturity as usually surrendering an LIC policy means the policyholder will lose the policy and the coverage. However, the Assignment of Life Insurance Policies (ALIP) program by ACESO allows policyholders to surrender their policies without losing the coverage.

https://www.jaagrukbharat.com/Maintaining-Insurance-Cover-Surrendering-Your-LIC-Policy-Explained-ODI3

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