I have a ULIP Max Life Unit Builder Plus (10years) I started in 2010 n I have to pay up to 2020 and I will get maturity in 2030. The annual premium is Rs.12000.
1. I want to surrender it. Suggest me whether to continue or surrender with the loss.
2. I have LIC Money Bank Plan (20years) on my father’s name. Started in 2010 and sum assured is Rs.1 lakh. Advice me whether to continue or surrender but surrender value is very less.