Policy Paid-up Value Calculator
Paid-up Policy Details
What is Paid-up Value?
- Reduced sum assured after premium discontinuance
- Available after 3 years of premium payment
- Proportional to premiums paid
- Includes vested bonuses
- Lower than original benefits
Benefits Under Paid-up Policy
- Reduced death benefit
- Reduced maturity benefit
- Vested bonus remains intact
- Limited loan facility
- No future bonus additions
Important Notes
- Consider alternatives before conversion
- Revival option available
- Surrender option remains
- Tax benefits may be affected
- Consult advisor for details