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Surrendering a Postal life insurance policy in India requires going into the Post with adequate documentation. After a suitable waiting period it is necessary to present the case to a magistrate for full approval.

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Q: How can Surrender postal life insurance policy in India?
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How you surrender postal life insurance policy in India?

After your policy has covered three year's period bench mark, your postal life policy can be surrendered on request,as prescribed in the policy bond.

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Government Owned Life Insurance Corporation of India's New Jeevan Anand Policy is at present the best insurance policy in India, which is a mixture of endowment and whole life policy, which is indeed novel and unique in the whole world.

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Is a cancelled life insurance policy reinstatable?

In Short - NO. However it is entirly depands on the individual policy contract. as a thumb rule - cancelled life insurance policy is not reinstatable. Regards, Tarun Bansal Life Insurance Advisor LIC of India - Delhi

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