Business Studies, asked by sadaf180, 5 months ago

what is the surrender and foreclosure of the retirement plan policy

Answers

Answered by Rohinisingh05

Answer:

The policy can be surrendered after it has been in force for at least 3 full years. The Guaranteed Surrender value will be equal to 30% of the total amount of premiums paid excluding the premiums for the first year and all the extra premiums and premiums for accident benefit / term rider.

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