Why Not Mint Money artwork

38: Should you surrender life insurance policy?

Why Not Mint Money

English - November 13, 2019 09:35 - 4 minutes - 4.07 MB
Investing Business stock market inida business news beer biceps finance financial podcast financial advice financial service company money matters money talks investment livemint podcast Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 37: How much life insurance do you actually need
Next Episode: 39: What are the charges in a Unit Linked Insurance Policy (ULIP)?

A surrender is a premature termination of a life insurance policy. In return, you get what is known as the surrender value. In a term insurance policy, there is no surrender value. If you terminate the policy your insurance cover stops. Listen to this episode of why not mint money to find out whether or not you should surrender your life insurance.