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Nilesh
24-05-2011, 07:00 PM
Is partial withdrawal and surrender - one and same thing?
Madhura
25-05-2011, 02:15 PM
Partial withdrawal of a policy implies withdrawal of only a part of the funds of your policy. But in surrender the policy is surrendered and the cash value is withdrawn.
>take
25-05-2011, 03:34 PM
What is partial withdrawal in ULIP?
Partial withdrawal means that you can withdraw money from the policy investment corpus without closing your plan fully.
More info - http://www.policywala.com/forum/showthread.php/2140-What-is-partial-withdrawal-in-ULIP

What is surrender value?
It is the amount the policyholder will get from the life insurance company if he decides to exit the policy before maturity.
More info - http://www.policywala.com/forum/showthread.php/1207-Article-What-is-surrender-value