Calculators LIC plans Jeevan Tarun Surrender
LIC Jeevan Tarun surrender value
Same GSV schedule as Plan 932: nil for first 3 years, rising to 30–60% of premiums paid from year 3 onward. After the PPT ends (child age 20), the paid-up value is substantial and the policy can generally be kept in force without further premiums.
When (and when not) to surrender Jeevan Tarun
Same GSV schedule as Plan 932: nil for first 3 years, rising to 30–60% of premiums paid from year 3 onward. After the PPT ends (child age 20), the paid-up value is substantial and the policy can generally be kept in force without further premiums. Surrendering after year 10 is almost always suboptimal — a policy loan at 10–10.5% p.a. is typically cheaper than the economic loss from surrender.
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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