hey
@Prashant86_2000 @tobs
so I received this from my fund for my long term investments:
"Dear Mr. Gaurav,
thank you for your recent correspondence.
I can confirm that the illustrative current valuation breakdown is as follows:
Current illustrative policy value: USD 79k
Estimated early surrender penalty: USD 38k
Estimated surrender value: USD 40k
Current maximum partial surrender value: USD 31k
Please note: these figures are for guideline purposes only and may be subject to change (the reason this is because I invest/deposit fixed amount every month and the early surrender penalty also reduces and obviously market changes too)
The "current maximum partial surrender value" represents the amount that can be taken as a partial surrender without incurring penalty or fully encashing the policy.
On receipt of all the required documents, partial surrender processing and payment would usually be completed within approximately 14 working days.
I trust this in order. Should you require any further assistance please do not hesitate to contact us"
I have ordered my 2nd gcms on 27th jan so if my PoF is still RR i will be sending them my statements + this letter + accrued gratuity (on employer letterhead)
I feel this letter explains that my funds can be withdrawn anytime I want and I get them in max 14 days and so it should be accepted as PoF. What are your thoughts on this?