1. Premium Paid: Yeh wo amount hai jo aapne life insurance policy ke liye premium ke roop mein pay kiya hai. (e.g., ₹50,000)
2. Policy Term: Yeh wo duration hai jisme aapne policy li thi, years me. (e.g., 10 years)
3. Years Completed: Yeh wo number of years hai jo aapne policy ke liye already complete kiye hain. (e.g., 5 years)
4. Calculate Surrender Value: “Calculate Surrender Value” button par click karte hi, tool aapko surrender value calculate karke de dega.

Formula Used:

Surrender Value = (Premium Paid * Years Completed) – Charges

Example Calculation:

• Premium Paid: ₹50,000
• Policy Term: 10 years
• Years Completed: 5 years
• Charges: ₹50,000 * 0.10 (10% charges) = ₹5,000

Surrender Value = ₹50,000 * 5 – ₹5,000 = ₹245,000

To result me ₹245,000 INR surrender value display hoga.

Steps to Use the Tool:

1. Premium Paid: Apna premium paid amount daalein (e.g., ₹50,000).
2. Policy Term: Policy ka total term daalein (e.g., 10 years).
3. Years Completed: Kitni years aapne policy puri ki hain, yeh daalein (e.g., 5 years).
4. Calculate Surrender Value: Button click karein, aur tool aapko surrender value calculate karke de dega.