Get More Money When You Surrender Your Insurance Policy: Here’s What You Need To Know | Paisa Live

New guidelines have been implemented for surrendering insurance policies, which are expected to increase premiums while providing higher refunds upon exiting life insurance policies. Under these new regulations, policyholders will receive a guaranteed surrender value starting from the first year, even if they have only paid a single annual premium. This change aims to enhance the financial security of policyholders and encourage more people to consider life insurance as a viable option. As a result, individuals can expect to receive a fairer compensation amount when surrendering their policies. This update could significantly impact how policyholders view their investment in life insurance, potentially leading to more informed decisions in the future.