What is a LIC Surrender vs Continue Calculator?
Compare written policy quotes with reinvestment of surrender cash and premiums. Uses actual policy quotes. Life cover, bonuses, surrender tax and replacement insurance costs need separate review.
Use the inputs that describe your actual situation. Change one assumption at a time, compare the results, and read the scope note alongside the number. The tool calculates a stated scenario; it does not decide whether an investment, policy or tax treatment is suitable for you.
Method and assumptions
Uses actual policy quotes. Life cover, bonuses, surrender tax and replacement insurance costs need separate review.
Read the result with these boundaries
Uses actual policy quotes. Life cover, bonuses, surrender tax and replacement insurance costs need separate review.
Check the inputs before acting
Confirm actual costs, dates, eligible amounts and product terms from your records. Compare a conservative case and an adverse case rather than relying on the default inputs. A result can change substantially when return, tax, contribution or cost assumptions change.
Frequently asked questions
What does this tool calculate?
Compare written policy quotes with reinvestment of surrender cash and premiums. Surrender cash grown + redirected premium corpus vs quoted maturity
What is outside its scope?
Uses actual policy quotes. Life cover, bonuses, surrender tax and replacement insurance costs need separate review.
Are the default inputs a recommendation?
No. Defaults are worked scenarios. Use your own verified amounts and test more than one assumption.