Calculators LIC plans Bima Shree Surrender
LIC Bima Shree surrender value
Bima Shree follows the standard limited-pay endowment GSV table: approximately 30% of premiums paid from year 3, rising to 50–70% by years 8–12. The Guaranteed Additions accrued are included in the Special Surrender Value calculation (but not in GSV).
When (and when not) to surrender Bima Shree
Bima Shree follows the standard limited-pay endowment GSV table: approximately 30% of premiums paid from year 3, rising to 50–70% by years 8–12. The Guaranteed Additions accrued are included in the Special Surrender Value calculation (but not in GSV). After year 10, consider a policy loan (up to 85–90% of surrender value) before surrendering — the interest cost is typically lower than the economic loss from surrender. Surrendering after the PPT ends but before maturity will forgo the Loyalty Addition entirely.
Generic mechanics
Surrender mechanics for Jeevan Labh follow LIC's standard endowment formulas — the Surrender Value guide walks through the GSV factor table and SSV calculation with worked examples. You can also convert the policy to paid-up instead of surrendering, which keeps the cover (at a reduced sum assured) without further premiums.
Run your own number
Plug your premium, year of surrender and vested bonus into the surrender calculator to get an estimate for your specific policy year.
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