Name: Policy Health Check
Brand: CoverSure
Price: 99 INR
Availability: InStock

Question 1

Is this report from LIC?

Accepted Answer

No. CoverSure is independent and not affiliated with LIC. The report is our estimate, worked out from LIC's published plan terms and bonus declarations using the details you enter.

Question 2

How accurate are the figures?

Accepted Answer

Declared bonuses are shown as declared. Future bonuses are estimates at LIC's latest rates and can change. LIC may pay more than our surrender figure because it pays the higher of the guaranteed and special surrender value. Confirm any figure with LIC before you act.

Question 3

What do I need?

Accepted Answer

Your policy bond or latest premium receipt: plan number, start date, sum assured, term and premium. No policy number, login or OTP.

Question 4

Will you tell me what to do?

Accepted Answer

No. The report lays out your choices, such as continuing, making the policy paid-up or surrendering, with the numbers for each. It does not recommend one, and it is not investment or tax advice.

Question 5

How long does it take?

Accepted Answer

Filling in the details takes a few minutes. After payment the report is usually ready in under a minute.

LIC Policy Check: surrender value, maturity value and real return