My insurance of LIC Jeevan Suraksha Plan 147 has matured on 15 Feb 2021
Will I be getting lumpsum amount (NCO+bonuses) after maturity or it is compulsory for me to choose annuity plan and take only 25% in cash right now
The policyholder can withdraw 25% of the entire maturity proceeds including bonus and receive a lumpsum amount on vesting and the remaining 75% amount will surely be converted into annuity.
CAclubindia
