How to cancel the LIC Endowment policy, Jeevan Anand? Please suggest implications, losses or gains which I will get after cancel?
Ramesh-You have to visit LIC branch where the policy was issued. Documents required are Original Policy Bond, ID Proof (for safety purpose as they may ask sometime, even better to keep address proof also), Surrender Form (which you get it in LIC branch) and a cancelled cheque (for fund transfer).
How much loss or profit is hard to say. Hence, suggest you to check the same with LIC branch while going for surrender.